%its is difficult to talk about controversial stocks like baba, but the fact is: during market bottons or tops there is a lot of speculation, that people for get about the real business or intrinsic value. baba is company that has 29 % revenue growth and will probably still growing, sometimes is better to buy the panic selling and just by patience 90% of traders sell at bottons and buy at tops, but the real answer is baba is a great business yeah, for long term investors i think this is an opportunity of a life time. even if baba reduce is earnings forecast still double digit, sometimes people lose patience i understand fear of losing, but now for my personal opinion is a bargain. still thin this will play good the next year 12 month target is 210. my could bounce around 150,retrace to 130 then advance when all the noise around Chinese stocks are gone. is still risky but remember sometimes somebody trash is somebody treasure.