So, 27 people made a promise with the purchasers of BABA shares that they will share the profit they may have from Alibaba, the real company.
How does this "profit sharing" work?
They're going to get paid by Alibaba and they will give a portion of what they get from Alibaba to the entity represented by BABA, Alibaba Holding or whatever they call it? But Alibaba Holding cannot have any assets, right? (Or can it?) Will the Chinese government allow siphoning of Alibaba's profit to an entity owned by foreigners?
Suppose, actually part of Alibaba's profit end up in Alibaba Holding's coffer. Would Alibaba Holding pay dividend then?
Does anyone know how "profit sharing" really works?
"Looks like we found a bottom @ 101....Good sign it's holding above this."
An idiot like me comes to the market and sells one share at $100.99 and everyone who thought 101.00 was the bottom will be proven wrong.
That's how this game works.
The question you should ask yourself is what you're going to do if BABA goes below $100 tomorrow. Liquidate your position, add to your losing position, or do nothing?
I bought some AMZN calls earlier today and sold them for a tiny profit.
I strive to make my trades quick.
I don't hold onto losing positions forever like you people do.
I am a disciplined trader.
You people are just gambling.
As such, you win sometimes, but at the end you lose.
Good job, shorts!
You could stay put for a while like real men should be able to do, huh?
I may buy calls now.
I'll watch carefully now.
. . . refrain from buying AMZN shares, shorts.
I want to buy calls at more reasonable levels.
You guys have made them too expensive for my taste.
i'm gonna have some breakfast.
I repeat: refrain from buying AMZN shares while I'm having breakfast.
Thank you for your cooperation.
Do you know why you don't make money in this game, shorts?
You always bet on the obvious thing: the absurd valuation of AMZN.
EVERYBODY knows AMZN is not worth over $300!
There's no "unknowns" or "doubts" there!