Watch & learn how equity markets work in this day & time people.
Nice "hang-time" longs.
You've been Jack Ma'ed !
.Enron: At one point, Fortune magazine voted Enron as America's most innovative company for six consecutive years. In hindsight, Enron was innovative only in fraud, thievery and deception, unleashing what was at the time the largest corporate scandal and flameout in history. Getting "Enroned" became a verb synonymous with investing catastrophe, as the stock tumbled from $90 in August 2000 to 26 cents in November 2001. Worse yet: Investors were told by CEO Kenneth Lay to expect Enron shares to hit roughly $140, while he and other Enron execs were dumping their stock.
You said, "it looks like' that is your first mistake.
You are looking at the small picture, in other words,the moves in the last 7 days.
Wall Street looks at the general trends. As in, the moves over many years.
BABA will fail based on the drop from $120 to $57 and change.
This is the share-price talking to your brain cells.
You can't see this because you are not using your brain cells but rather you are using your eyes (sensory thought process).
Eyes can deceive you.
The share price is in an ENRON type downward spiral.
Even ENRN had big rallies on the way towards zero.
Watch & learn from a Pro bro'.
TWTR To The Teens Before Years End.
Watch & Learn.
Wall Street has been pumping & dumping ALL Alibaba shares.
Nothing but down to follow (Will drop very, very, fast too).
I'm glad I was able to help you save a fortune in PBR.
At least one person was helped and that means a lot to me.
The Chinese Government needs to let the stock "float" on it's own two feet, uh... or one-foot in the case of Alibaba. Leave the stock alone and let the markets determine the value.
$20's will be just fine here.
Don't worry as the equity will trade as it needs to trade.
NO WAY it is going back up.
In case ANYONE in here wants to save themselves.
If you own this you sell and buy back in January if you feel you need or want to own it.
stock investing is certainly not a scam.
stocks are simply becoming "out of favor" in our day and time.
there will be a 30% drop in all equity markets across the board before years end.
this all really started in china.
Big Mac? Are they any good?
here's one you'll really like:
A man wakes-up and he senses that something is terribly wrong in his home.
He hurries into the kitchen where he finds his wife face-down on the kitchen floor.
She is not breathing. He is going ballistic and is in a total and complete panic.
He shouts... OH MY GOD!
Them he remembers Mc Donald's serves breakfast 'till 10:30
i simply had to do it.
Just think for a few moments.
You would not buy short you would sell short.
Open a trading account and sell one share of any company just so you can experience it for yourself.
It will have to be a margin account because only a margin account will allow you to sell short.
You'll learn something useful.
Did you buy your 10,000 shares today since we are down over $1.00 ?
Now, tell me who was right.
Teens this year for the twittertweetercommons.
I almost forgot...
TOLD YOU SO (AGAIN!)
You were all warned.
Nothing unusual, just normal market action.
My posts are my opinions and do not reflect the opinions of Yahoo!, or of Yahoo! Finance.
TOLD YOU SO.