Alibaba Stock: Jack Ma And Joe Tsai Are Buying – Should You? (NYSE:BABA)

Lintao Zhang By Levi at Elliott Wave Trader; Produced with Avi Gilburt “Jack Ma doubles down on Alibaba” (NYSE:BABA). That was a recent headline in The New York Times. And, according to a regulatory filing from a few weeks ago, fellow co-founder Joe Tsai is also acquiring shares. According to reporting by CNBC, together they have scooped up nearly $200 million worth thus far. If the founders are buying back stock, should you? Rather than simply base a thesis on this one data point, let’s take a look at the fundamental snapshot with Lyn Alden. Also, we can get a…