BABA

Hi Friends,

Say and think what you want about China's economy, politics and outlook, but it does look like Alibaba could be a decent buy.

Assuming the numbers are not fraudulent, the stock is trading at 0.5 times sales, which is absurdly low. Alibaba is positioned well in China from a consumer standpoint, but everything could change quickly ever changing government regulations.

What is your take on Alibaba as an investment?

I am on the sideline, but keeping an eye on it.

Thanks for coming by,
Brian