So many good news on Baba + a handfull of positive buy ratings and it's still down b/c of the market. It's a dream for most any other IPO to have this many good news. Come on.. are you serious? I've averaged down already and ready to put some puts if this thing doesn't go back up anytime soon. Quiet period seems to be at the end of October instead of 20/25 days? Hopefully by then the market sell off is over.
I'm tempted to buy the $99 Call.. only about $0.35/contract.. we have 3 weeks to get close to it! In no way is this going to the low 80s and below.
Agree. Plus the quiet period is coming up soon, watch for a small spike. But then again, anything can happen, especially with the Hong Kong issue right now.
It's annoying and stupid to have them around without any actual conversation. It's probably just 1-3 guys who made several accounts to screw around.
It was more of a positive coverage initiated from a non underwriter.. Susquehanna International Group. It did pop to $91 initially and just came back down. http://www.marketwatch.com/story/susquehanna-initiates-positive-coverage-on-alibaba-2014-09-29?siteid=yhoof2
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.