This is all my opinion but I feel that it is a very reasonable analysis of the current history of BABA also I am a full time options trader that doesn't go long on any individual stocks, just mutual funds. I currently have no position in BABA. Obviously BABA started off strong in its IPO due to the hype BEING THE LARGEST IPO WALL STREET HAS EVER SEEN so at first everybody wanted a slice of BABA hence the initial euphoria surrounding the stock. Shortly after the run to 120 and the euphoria settled down a little bit it was time to show wall street the money with its first earnings report. Unfortunately for BABA the hype surrounded the company hurt it during its first earnings report because Wall streets expectations were very high. Anything less than a blow out earnings report wasn't going to be able to sustain the already 90 percent move to the upside coupled with a myriad of analyst upgrades and CNBC daily pumping. So then the stock dropped and fizzled out of wall streets radar for months just slowly drifting sideways, while wall street is waiting to be impressed. Then it happened, the earnings report everyone was looking for finally arrived a nice gap occurred followed by an upgrade and some nice price movement but little did BABA know the chinese stock market would then crash. I strongly urge everyone on this board to compare the charts of the Shanghai composite index and BABA starting in June they look EXACTLY THE SAME. BABA needs to show the street consistency. This is not manipulation. Just simply the default direction BABA is going to move with China stock market crashing and its inability to live up to the streets hype. BABA is a great company with unbelievable potential. WAY MORE THAN AMAZON. If Amazon can not turn a profit for 20 years curtail to a smaller market than BABA, have worse fundamentals and have around 7,000 plus percentage return for investors since the date of its IPO, why can't BABA? I will be buying call options before next earnings report.