Market cap for Go Pro is only 8 billion. How can you compare the two? YHOO is currently 5 times that much and who knows what it will be after Friday.
I have the cash to buy BABA right now. I was talking about the AMZN sellers tomorrow. Won't do them any good.
flipofcoin-guess I wasn't so stupid after all. I sold and made money and now it's down again. THEY DO HAVE DEBT sporting a negative EPS. You must not know what that means. Get an education and quit flipping a coin on your stock picks. Suppose you don't own any YHOO. That would make too much sense.
I want 500 shares at $70.00 and will be logged in at the open. I am sure I won't get any unless it tapers off sometime in the day but I doubt it. Cramer just said to sell AMZN and put the money in BABA. Only thing is it takes 3 days for your money to settle so if they sold tomorrow don't think that money would be available for Fri. Might take until Monday (3 Days) unless WED-THURS-FRI would do it. Sometimes I think my funds are available on the third day and the settlement dates doesn't work out for me but it's there the next day. ?
and also read the price target of $71.00. I would rather own a US stock then a Chinese one. No one seemed to be dumping toward the close which means it should continue up the next couple of days leading to the big one on Fri. Keeping my fingers crossed for a nice profit.
He said YHOO is worth 43.00 and you're getting the stock for nothing. So he sees BABA raising the price to $50. He also said to buy JDSU last night. It went up after hrs. but did nothing today so we will see if he's still a 50%er.
It will open at least $45.00 then move to 50 before profit takers on Friday bring it back down some; just my take.
No, a safer bet is with a US stock. Buy YHOO to gain in share price through the BABA IPO.
Yes, your buy is immediate but after you sell the funds are not settled until the 3rd day so you can't use that same money to buy in again during those 3 days. If you have other money available other than the money you used to buy you can get right back in. If you have 50k and invested 25k and sold that day, you would still have another 25k to buy right back in but the other 25k cannot be used until the settlement date.
Look at the price insiders sold at last month. That says it all.
BIDU was and is a real hit. OMG-the stock split made everyone rich and the price per share is still outrageous. I can see BABA doing the same and surpassing BIDU. I won't miss out on this one. Never did buy BIDU-just watched as the price skyrocketed.