A new company that makes over 6 billion dollars in a quarter, will one day make a quick jump like NFLX, and AMZN did in the past. Then it will be too late for shorts to get out before losing a bundle. Better be careful from now on as this giant starts a growth story that will be admired all over the world. Young people in china are just coming of age, and with the population this company will explode.
He thinks way into the future like Jobs did. People have trouble understanding where his mind is headed. Remember the guy who cracked the German code..who lived in a world 99.9% of people will never understand (me included)
Soft bank own over 32% of BABA. Would bet their shares are part of this, and the guy who runs
SFTBY is too smart to sell even one share. Big investors are just too smart to unload a company with so much in its future. This is the PCLN and NFLX and GOOG of China.
Don't think SFTBY will be selling any shares when the time comes. That guy is too smart and will let BABA climb into the clouds. Just a guess on my part, but don't think anyone with common sense will unload this company for a long time. The major holders buy and don't trade good companies. Just check out major holders on the YAHOO board.
With a strong buy from my broker. This will be a giant company that will help China rise into something the world has not seen in a long time. Make jokes if you like, but one day you will wish you had kept your mouth shut and not sounded so stupid.