Both inflate numbers, hide bad news and have "weak" management. Chinese Govt. says 7% growth for next decade when in reality its more like stagnant growth for next decade. And Baba management says "we can buy our way out of stock decline "with stock buy back and buying other companies". In reality Baba is in deep trouble, has to many fires going on at the same time and will offer weak forward guidance due to China economy meltdown, Don't trust the Chinese or you will lose everything. And when I mean everything I mean Baba trading $30 to $40 range at the end of September. Chop-Chop
and its a "strong buy" at $52 a share. Once China rate cut news fades (starting tomorrow) emerging markets and world stock trade down. EDZ was hit $72 yesterday and it will climb over $100 a share as China Bubble Pops and take emerging markets into the deep abyss.
polotengoal - a lot of us here are not "shorties" And first poster is correct. Baba employees are either leaving on their own or getting fired for not working 80 hour work weeks. Do your homework dude and grow a little between the ears.
Jack Ma’s message to employees is bad news - Many of Alibaba’s employees are shareholders and the share price fall has hit morale hard. In fact morale is so low that many employees are starting to look elsewhere for employment due to Alibaba falling share price.
1.58 billion ordinary shares exiting the final lockup period in September of this year. In other words, more than 63% of the company’s outstanding stock remains locked up until September. TIMBER
before the September Rate Hike Hammer hits and send the DOW down 20% in the flash of an eye.
and other talking heads now claiming the same. If we get word today Sept. rate hike likely, Tvix over $8 easy at close. Possibly over $9 a share as volatility ramps higher into mid-September Fed move.
Very possible since I just say Yellen walking down the hallway with cosmetic hawk ear attached to her head. Seem a little odd but it did improve her gray hair style.
Possible triple if China Melt down continues into first Fed hike in eight years. And don't be surprised if we have new Greek election at end of Sept, early October. Seconds anyone
and this time the Fed will throw in the towel and start Rate Hike party for years to come.
as Baba insiders and corporate shareholders (beg) Chinese government to unlock insider selling restrictions. Seems all those Baba executives, Chinese hedge funds and big traders are freaking out because Chine (corrupt) government won't let them dump Alibaba shares before they reach $50 a share.
Could it be the oncoming collapse of China's economy or the pending Fed rate hike in 20 days. Pick you poison but from we can gather the Bull looks very long in the tooth and ready for slaughter come late August/early September.
and you know things are far worse off in China then the Fed or Chinese Govt. want to admit. Gold going higher as Volatility starts to spike and the Fed back off Sept. rate hike.
A huge move for oil could be on tap Monday afternoon, when an unusually high level of activity in September options contracts could set the stage for a vicious rally. Sure looks like Uwti shorts are about to lose fingers and toes and possibly much more come Monday market open. Oil Spike in three days - BOOM
and upgrades for Baba will follow. As Baba share prices rises it will pull Yahoo share price higher. Both are hot stocks today (on the upside) and the trend should continue going forward.
Yahoo! was upgraded by equities researchers at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday. The brokerage currently has a $39.94 target price on the digital content provider’s stock. Vetr‘s target price points to a potential upside of 14.64% from the stock’s previous close, but expects stock to go higher as Baba share climb over next several months.
If you do that then you lose fingers and toes going forward. From here Alibaba moves higher on increased revenue, increased profits and most importantly increase market share in China and abroad. See you at $276 at close.
Sentiment: Strong Buy
Agree - way oversold since the company is just at the beginning of its long journey towards Chinese OnLine service dominance.