we shall see.
First what he has done is amazing. Seems like a nice guy, Surprisingly candid and thinks in an interesting way, good grasp of the big picture. Now a couple of concerns. It did cross my mind when he said he wanted to sleep for days, I wonder if this guy is a bit manic. Also a bit too candid by wall street standards, although I find it refreshing, these guys want you buttoned up and to read from a script. Also it has crossed my mind his odd appearance and short stature may psychologically give him a slight complex (in our world it's not uncommon) and feel like he has something to prove. This can be a big plus, you need a driven person for his role. I just hope it never spills into a realm of fabrication to make everything look good. I have seen a couple articles that wonder if some numbers are overstated, and hey it's a Chinese company and we know what a good number of them have done over the years. Not saying it is or has or will happen, but best to be alert (easier said than done, I could not tell you if numbers are inflated, takes folks with better resources). Finally, the last school teacher I recall making it big was Bernie Ebbers, nuff said. Again not saying anything is not legit at Baba , I have traded it and would like to take a long term position with numbers I am seeing and the potential for growth. Just wish I did not have these nagging thoughts in my head. I feel this way about almost any Chinese company, and just fear some Muddy Waters article someday and the stock losses 30% in an hour.
but you said it would run up into close. Dead wrong about everything.
post away but you all appear to have no idea.
but on face value look decent. Are they good enough? stock buy back usually a positive.
important point will be where's a possible sale of the company now. I am sure report will be mixed, seems like a number of companies in the space not doing so well with falling prices. But we shall see. No position, this is a show me call IMHO.