Cut-n-paste this headline into your search ....
Twitter Scores Junk Rating From Standard &Twitter Scores Junk Rating From Standard & Poor’s
"If anyone was wondering if Alibaba Group Holding Ltd. was going into the Standard & Poor’s 500 Index (SPX), the answer is no. "
“Alibaba is not eligible to be on the S&P 500 because it is not a U.S. company,” according to a statement from David Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices.
Bloomberg - September 12 , 2014
What do you mean " orders only last one day duration " ?
A GTD or a GTC can last as long as you want it to .
You say , " volume is waning too... "
Where are you getting that from ?
The volume today [ 11-12-14 ] 53,908,024 was the sixth highest volume day since the IPO .
This article is pre Alibaba IPO .... Sep 15, 2014
You , ann_arbor_gal , present it as though it was written today .
You're right , no65limit .
I remember the pre-market trading the morning of Alibaba's earnings [ November 4th ] .
Traders took BABA down pre-market and then [ at the open ] the institutions came in
and began buying Alibaba .
They , the institutions , took Alibaba from $99.51 to $106.36 .
"Buyers clicked on Alibaba’s shopping websites in unprecedented numbers during China’s ecommerce extravaganza of Singles’ Day, ensuring the company breezed past last year’s record sales by lunchtime."
Excerpt - Financial Times
It seems Alibaba has made even more progress on mobile in the fourth-quarter. Mobile seems to have contributed to over 45% of the total sales at Alibaba, early data from the e-commerce show:
For comparison purposes, in the third-quarter, 35.8% of Alibaba’s total GMV was transacted on mobile, up from 32.8% in the second-quarter.
Excerpt - Barron's
Do you understand that the " float " is a segment of the outstanding share count ?
Outstanding shares refers to the number of stocks that a company actually has
The number represents all the shares that can be bought and sold by the public, as well as all the restricted shares that require special permission before being transacted .
Also , carolyn_novice , you say ....
" Split occurs when stock is thinly traded and bid and offer is more than 25 cents. "
I say ,
I can't imagine where you got this from but it is absolutely incorrect .
With 2.47 billion shares outstanding , If Alibaba split 7:1 it would result in more outstanding
shares than GE currently has .
BABA would become one of the slowest movers in the market .
"EARNINGS FORECAST: Analysts have added Alibaba to their coverage lists, and many of them are expecting the company’s stellar growth to continue. On average, analysts surveyed by Thomson Reuters are expecting a net profit of $1.16 billion for the quarter, up 45% from a year earlier."
"REVENUE FORECAST: Analysts expect revenue of $2.61 billion, which would be an increase of 45% from a year earlier."
Excerpt - WSJ
If you're going to post argumentum ad hominem you have to do it in a way
that doesn't leave you vulnerable .
For example , " duffess " . If you don't know how to spell it , you're the one
who looks like a dufus .