Read that there actually aren't a lot of short positions so far. Maybe about 2%? I can be wrong. There's definitely a good amount of buyers and sellers at this point it seems. But I'm just puzzled with how stable the prices has been the past week and days. There's been several good news no Baba already and still in the $88-90 prices. That "upgrade" didn't do much but a slight pop yesterday.
That's amazing.. I'm still waiting for that day to come for me. Earnings report are the only times I get a shot at it but doesn't always work of course. I think the best I've ever gotten was about 400% over night. Still waiting for that 10,000% lol. Last year I saw it all happen in front of my eyes with Netflix and I was too afraid to jump in.. worst mistake EVER.
Was thinking about buying some in preparation for their earnings in November. What options are you tthinking about?
Love it love it love it... This is hilarious, it was just yesterday and the other couple days bashers were on Baba talking trash left to right flooding the forum. When all of a sudden the stock started creeping back up slowly, many of the bashers evaporated. What ever happened to all those " oooOOH I'll buy it when it goes to 65, or 75, or $10 " posts? Lol.. gotta love it when they get their traps shut tight. I'm not saying the stock will fly in the next coming days nor am I saying it'll plummet , i'm just on the sidelines watching the show and i'm loving this movie so far.
In my wildest dreams that would happen..But lets hope for reality! Its been lower lows the past few days
Hope so! And hopefully higher too. I don't get this 88 #$%$ honestly. It has absoutely nothing to do with the stock price. I know 8 in Asian countries mean prosperity and wealth but it really has nothing to do with the stock, if anything it should fly to $888, NOT drop to $88 and hovering there. Big banks are definitely controlling this precisely in the 88 mark.
Oh the other hand, Yahoo went green finally. Maybe this will rebound later in the week, who knows. And yea over all market is down. Feel like a great time to buy Yahoo before it rebounds.
Retail is minute in BABA. They only represent a tiny share of the float, its mostly institutions that are screwing around with this.
Finally someone with brains talking about this stock instead of all the bashers. Thank you for your insight. Interested in being my mentor in trading for a living or at least to kick start it? I do agree BABA will be a wild ride, especially this week. Markets are down today, China stocks are generally down, China's releasing some #s tomorrow expecting weak #s, so if its actually good, it can lift Baba tomorrow. But I do agree that holding it for the long haul, it'll be gravy. I was very fortunate I was able to get in and out a couple times with Baba on the initial boost, at this moment not exactly sure yet.
Just to shut some of you b**ch #$%$ bashers up. ..
Got in at $94.85, sold at $98.25 when it didn't push through 99ish.. Bought again at $90, sold at $92... wished I sold it at the end of the day at $93.XX though . But can't complain over all. Will get back in if opportunity's good on Monday.