Any time a company issues new shares, there is going to be over reaction to the dilution. It never fails. I knew I should have sold as soon as I heard the announcement. I guess I just enjoy the pain of holding through the carnage. It should be on the rise soon. However, if they do another offering, I am out.
I like BABA, but you have to post credible information to be taken seriously. Revenue for AMZN is 7 times that of BABA. However, AMZN has earnings of NEGATIVE .47 whereas BABA has positive earnings of $1.97. What puzzles me is how can a company losing money trades at $300+ and a company making money with astronomical growth potential trades at $88.
I agree. If you wanted to trade BABA short term, then you were gambling. This share price will exceed AMZN within 5 years. I still don't get it. AMZN is losing money and trading at $300+ and BABA is making money and trading at $88? AMZN's market cap is way higher than BABA, but isn't the name of the game positive earnings? AMZN is losing .47 per share and BABA is making a $1.97 per share.
AMZN has a negative p.e. with earnings of NEGATIVE .47 per share and is trading over $300 per share. BABA has a p.e. of positive 45 with positive earnings of $1.96 per share and trading at $88!!!! So AMZN revenues are 7 times BABA, but BABA is making money and AMZN is not.