 Love it What's up money geeks mr. V here welcome to another video guys so into this video I want to share with you guys one stock that I've been looking at my portfolio and I finally got the opportunity To get into the stock so I'm gonna share that with you guys But before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content So the stock that I wanted to know talk to you guys about today is no other stock than Ali Baba Those of you that know Ali Baba as a company. They are like the Amazon of China so you're talking about over a billion people and they're servicing their economy and not only do they do e-commons. They have other Businesses like even banking and you know delivery Pretty much what Amazon does in the United States Ali Baba is doing it in China. So it's a great stock I didn't have it in my portfolio because when the IPO came out I didn't buy it back then So I've been looking for a good entry point and today Was their earnings call and so they did I mean the earnings call actually came out looking really good as you can see That they say they actually they beat their earnings expectation But what happened again to stock dipped and so the reason why I jumped in this is not just because of me But take it from somebody like Kevin O'Leary who says like hey, this is this is an excellent buy So I actually got into the stock when you could pull back at about 80 that are 280 so let's let's just go back here. So right now the stock is trading at 289 so I bought the dip Right here. Let's see if I can pull back here. I bought the disc dip right here about 280 So I missed 270 mark but got in at 280 It never seems there's just been squeezing up right now went up to 290 and then pull back a little bit But I'm gonna hold it for for why so Kevin O'Leary for those of you guys don't know who Kevin O'Leary is He's the guy that is on shock tank and talks about a lot about investing one of the key guys I talked about the stock market a lot on shock tank So he like call this one like hey, this is a buy buy buy like he's dumping a ton of money in Alibaba because of this major pullback So if we just gonna take a look back at their last six months here You can see that the stock went as high as three. I think 317 which is crazy So this is buying me that 280 for me was an excellent entry point and I'm super excited about it So again, you can see some of the new see it but based on what I understand and what I've read so far as far as Why this stock was you know deep even after bidding their their earnings expectation is because Jack Ma it's in the process of taking one of these other companies. I call it dates. It's and Financiers yes and financial so they want to take that company public They had an IPO ready to go today But they he had some running with the Chinese government and so they pulled they pulled that IPO back So just because of that separate company Ali Baba, which is like the number one investor in that company took a Massive massive hit and I'm gonna do a separate video yet on the actual and financial IPO because I thought it was gonna be one of I mean one of the most Expensive IPOs that's gonna be out there. So it was thinking something over 30 billion dollars for The first just for the opening day, which is crazy. So at this point, I'm super excited. I like what I see Again, I finally got into Ali Baba picked up some shares and again, like I said, don't take it from me take it from somewhere like Kevin O'Leary Who is now really bullish on this and also love this stock So let me know in the comment section. Do you have Ali Baba your portfolio? Or did you get a chance to jump in and pick up some shares of Ali Baba yet? Let me know in the comment section if you're looking to get started with investing we both doing a promotion where if you sign up and deposit $100 you get two free stocks not one two actually three free stocks not one not two three When you sign up and deposit a hundred dollars, I'll put the links in the description below So definitely go check them out and as always guys Do your homework stay safe and stay motivated