No kidding, I think he went to another board and tis telling all toss people now wrong they are. This was a great buy in the 80's.
The revenue and earnings have continued as expected. He has made many strategic moves since going public. What more do you want him to do?
Someone tried to make that one day comparison the other day, pretty meaningless for baba due to the international nature of the co. and it's trading pattern.
Look at one month chart baba up 12%, and dow and indexes up 1 or 2%. So recently baba is crushing the indexes. Look at 6 month, baba is way down, so it appears we have had a great bottom with a nice turn around and great buying opportunity. I'm in at 85 and if the rev and earnings continue, buy more each quarter.
Thank you, that will be nice. Who are they? I have been looking for them but none really knows who they are.
Did you go in to hiding with your baseless pessimism. You were so proud to point out the indexes and other stocks were crushing BABA. but you thought a single day was telling the story. In the past month baba is crushing the markets, now how will you spin your clueless points of view today.
Baba has so much good news lately , and revenue and earnings story has not changed. Stock has very strong support., and will continue to beat the market overall, what perfect time to buy after the sell off.
I saw that report, impressive. It's amazing how many innovative profitable businesses they are involved in. It looks like they'll be a google times 10!
It does have a high p/e but you are right, it is a money machine and I expect it to continue for many years. What a great long term investment. 10 -20 years you'll be so happy. I own sbux, cost, and UA, all returned 10 times the money in 10-20 year time frame. Same story but may be better!
I started buying at 85 on the rebound. It made a quick move to 94, and now the sell off had me wondering what is going on, but with so much good news the past few weeks and coming off a steady growth earnings and revenue report, this is just a great long term buy. I plan to add again next quarter if the revenue and earnings trend continues, but with all the recent news, it's hard to believe we have anywhere to go but up for the next year and beyond. I think 15 -20% is easy in the next 12 months, and maybe more. Time to buy f you have not added to your portfolio yet. Probably double in 4 years with this kind of growth.
Directionlesstrade seems to think today is the only day that matters. Recent trend has baba moving much better than nasdaq, so the daily movement of the nasdaq is a pointless analogy. You're absolutely correct in thinking we go toward 100. I think after a couple more q's of rev and earnings growth will bring us to that level easily, which will crush the nasdaq.
Dtrde will go back and point out that baba is down for 6 months, which is why it's an even better buy today. We are talking about investing today, not 6 months ago, so it appears to me we have a bargain in baba today.
5 day chart baba up 4.71%, nasdaq up .9% , 1 month chart baba up 8.84% nasdaq up 1.01%
Then why are you complaining when we are beating the averages by so much.
5 day chart baba up 4.79%, nasdaq up .34% , 1 month chart baba up 8.79% nasdaq up .46%
When did you buy ? Yesterday?
There was not a quote in my post, now you are lying about that too. I cannot miss quote you if I did not post a reference to a quote.
I just stated the fact you are so wrapped up around today, you are ignoring the 5 day, 1month and 3 month moves. and the 6 month run up and rebound if you want more discussion. The more I look at it, the more I like it. Baba looks like a bargain here today and is set up to run up strong with continued rev and earnings growth next q. I don't care much about todays move.
I am just stating facts of the chart I brought up. I think we all know that baba was 120 awhile back. We are all here due to the rebound and future price potential. And obviously in the past couple months baba is outperforming nicely. Today is a blip on the screen and baba does not trade in line with the us markets, so comparing them on a daily basis is plain stupid. Directionless trade like your name implies.
Baba 3 months up 10%, FB down.21%, 1 month baba 8.8%, FB -.88%, 5 day baba 4.79%, FB -.02%.
Well DirectionTrade bases his investment opinions and strategy on one day movements, really smart trader.
I just did a five day stock chart comparison, Nas, dow and s& p .3% or less move, Baba up 4.79%. Your are right we are way up over the indexes this past week. And as I speak we moved positive again, we need some more selling to get back in line with the indexes. Baba going up way to fast.
Who said straight up?
Not me, falsely accusing me of such statement is your typical lie and avoidance of being so incorrect in your statement of straight downward movement. I was pointing out that there was support here, and stock is trading back up from 91.6 of yesterday. It may close lower, but this is balanced trade, not straight down. I consider anything over 90 support after that huge run from 85 last week. I guess when you take profits it means panic and collapse, to me it's healthy balanced trading.