What is your opinion on $BABA

$BABA has dropped 40% YTD probably fueled by initial overpricing, plus the current china-situation.

In spite of this the company is reporting very good numbers. Both growth and profits are on the rise and I don't think the drop of the stock in the last month is warranted to this degree.

I got in at $66. Now the stock is at 60 and I'm thinking about whether I should double down or just hold. What do you think?

Submitted September 09, 2015 at 08:25AM by flimflambamboozle http://ift.tt/1LXdvI1