Netflix could use the Yoku base as a springboard to launch in China and sell what it does not want to BABBA or Tencent. Or they could delve into what Yoku has been doing -cross pollinating video and content and user created content. Netflix could actually have their great business model in China and all the extra bells and whistles, which will be making big money in a few years.
Holding soooooooo long, getting impatient for $27.60. Should have sold before and invest on STO
Sentiment: Strong Sell
There is no rumor. BABA already owns 18%. Baidu is not going to get into a bidding war because they know they'll lose. I doubt they'd make a higher bid just to run up the price on BABA. Between the shares BABA already owns and the insider shares, they already have the votes they need. Your vote doesn't matter. Sorry to break it to you.
I read that article and laughed as well. specially "Someone, most probably a professional was a very active buyer"
Long story but I used to be an "insider" and I know exactly what's going on with markets. Youku was my personal "last straw" and today I gave Wall Street the finger by selling everything I had in the stock market. The 2 million dollars that will settle into my account will have to find a new home, because I don't want the frigging banks playing with it! Bottom line, unless you're an insider, there is no real money to make in this rigged game. Thanks for your back, but I know more about Wall Street than you think, and you can't win a game where your competitive players, the referee, and the game itself is all one and the same. Have a nice weekend.