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SINA Corporation Message Board

  • army1ranger army1ranger Jun 15, 2014 6:05 PM Flag

    One of two scenarios I see this week

    Somethings gotta give here and I don't see it being on the downside. But if it is there will be a fabulous opportunity to clean up.

    I see them starting their buyback maybe at a rate of $10MM a day for a few days and see where that lands them. Also I can't see why Alibaba wouldn't buy them, its that simple. That thought might not come to fruition tomorrow, maybe it will. But I'll put a few chips on the table and take that bet. Still, looking at their cash position and stake in WB, this gets back on track soon.

    Sentiment: Buy

48.58-1.04(-2.10%)2:19 PMEDT