Chinese Government behind BABA, who got paid from IPO? Chinese Banks will make a huge profit from an IPO of Alipay, they own it. Chinese Banks will issue letters of credit for any amount for BABA because all the money BABA wants will come from wall street, U.S.A.
BABA has the perfect Chinese Fraud, nobody on God's green earth can prove or disprove the Accounting numbers BABA puts down on reporting to the SEC. If BABA made 1/2 the money they say they make, they would not need another $8 Billion now. Maybe BABA is looking to buy some real revenue before U.S. investors start asking questions about their Chinese accounting system.
There are no GAAP or NONGAAP numbers in China, The Chinese know how to make easy money from greedy U.S. investors. 120 Chinese companies have been delisted over the last few years, they all made tons of money on paper before U.S. investors were left with shares they used as toilet paper.
THERE IS NO LEGAL WAY TO GET ANY MONEY BACK FROM THE CHINESE FRAUD.
What numbers did Wall Street tell Ma to post? He can post anything they want with the support of the Chinese Government. 120 Chinese companies were found to be nothing but a big fraud.
The NYSE owns this mess, they are trying hard to pump this back up to save face. Give it up, the SEC is on the case.
BABA has the right to BUY 33% OF ALIPAY, Try to get that right, you own nothing but numbers.
Just think about what you do own? Numbers on a note pad
500 Million people in China bought something using BABA today. Those Chinese computers are much better than the one's we use in the U.S, NO DOWNTIME ON BABA COMPUTERS, the adding machine keeps working without any delay. BABA must have servers 10 times bigger than Google and the NYSE put together, how did BABA do that with so little money? Fraud at work.
Wall street is not happy, they wanted BABA to report numbers people could believe, not the typical China fraud dream to mindless investors.
And U.S. investors don't own any part of Alibaba or Alipay, they only own the report of revenue. The SEC will soon ask for proof of that revenue, their numbers don't compute. In China any company can get a letter of Credit from any bank president for any amount they want, ABAT is proof of that.
Shareholders don't own any part of alibaba, read the IPO documents. Only revenue is used and you don't own one dime of that as a shareholder. Alipay is not owned by Alibaba, China's government is in control. The SEC will be looking for the cash soon, typical Chinese fraud.
Wake up, that's 500 Million Chinese spending $20 each. All of China did not make that much today. BABA don't even own Ally pay. What person in their right mind would have BABA sell items for them and pay BABA a 52% profit from the sale?
I had shares in 14 Chinese companies, they all turned out to be fraud, BABA will be the biggest fraud in the end. The SEC is blind at first with all Chinese companies, it takes a hammer to wake them up.
Lets see how much they pay in taxes to China, that should make shareholders wake up.
I will be shorting more BABA.
If you believe those numbers, you must be crazy. I was invested in 14 Chinese companies and after 2 years, they were all a fraud and now trade for pennies per share. BABA first quarter was Non GAAP numbers, that was typical for a Chinese company. How much did they pay in taxes? The SEC better keep an eye on this ball, it does not compute.
With the great products Capstone has, we get stuck with the worst management on the planet. 3 years in this stock and I have a loss of more than 60K in Capstone. I am not going to sell now at these low prices, I will give them one and only one more year to right this ship. Next time we Vote all management OUT and hire 5 Monkeys to take their place, anyone can sell a Dollar for 75 Cents.
It is Clear to me and others, there was an earnings Leak today that caused this stock to drop by mid day, those people should go to jail. The Worthless SEC should see who sold this stock because of their inside information today. We should close around 90 cents tomorrow, this bad quarter has been priced in before the rest of us received those results.
wait and learn something, NYSE is pushing BABA stock up while more shorts get a gift price to short. Better take a good look at just what you own here, you own only wall street hype. The Chinese government will now allow many other companies to compete with BABA now that they have the money from dumb American investors.
Margin down 18%, Revenue up 54%, typical Chinese fraud. When will the SEC look into BABA, soon.
Apple has enough money to buy any Judge and most of them are for sale. Even when the International Trade Commission found Apple guilty of stealing other's technology and they were told they could not sell their products in the U.S., President Obama overruled and said it was OK for Apple to steal what they want, from anyone they want. A deal with Apple will never be in the best interest for any company the size of GTAT.
Samsung should stop making anything for Apple, they could put the pressure them. Samsung will be making all the screens for Apple and still makes the A-5 Chip in Texas. Apple's Iphone will never be as good as Samsung's products. The people using Apple products are too dumb to use Android products.
Why did GTAT Management agree to pay Apple 100%?? are they on drugs? Did the Judge get paid to agree to this one sided deal?
Apple shipped 38 Million Iphones last quarter, how many were returned goods the next week. Someone needs to take a good look at Apple's books and one sided contracts.
NASA needs to be in control if we continue to explore space, Congress needs to stop NASA budget cuts. A toy company may bid on the next rockets to go into space. Buy a 30 year old rocket engine on EBAY and place your bid at NASA for the next rocket contract. A rocket is made from 40,000 new or used parts from the lowest bidders, What could go wrong?
Orbital Sciences will never say the old rebuilt engine was the problem, a Seal or a Fan Belt mad in China will be the cause.