I was as bullish as possible Friday at 11:am and that got crushed. You mentioned a slide to $38. I think now the share price will fall pretty hard. A big selling/ drop monday, both in alibaba and yahoo. Kudos to the hedge funds. They didn't play the hope strategy and will punish everyone for a while.
My point is, the share price will eventually settle to mimic the cash in the bank, discounted by $3b and that is it. No premium. It will trade at negative valuations. Wall st knows MM can't be trusted with cash or any decisions.
Can't believe this, but this could trade down to $35 and sit there for a long time, maybe lower if baba slips. I think activist see this and then might jump. Cash is uselss.
Fighting to disagree. But you are correct. Unless MM is fired. This will tank. No value. Zip
Lutts. Come on man. Flickr? Instagram. Weather? iOS dumped it. News digest? Seriously.
Today hurt. But everything you named is trash. Only way to recover is fire MM or sell the company.
What is 3x oversubscribed. Three times as many buyers as shares? Can they add more shares? Assuming this over subscription is really good?
Taxes. Your numbers are not 100% accurate, more like 65% accurate.
AliExpress, an Alibaba site for users outside China, more than tripled its monthly visitors in Russia to 15.9 million during the past year, vaulting past local Ozon.ru’s 8.5 million users and EBay Inc. (EBAY)’s 8.2 million, to become the No. 1 shopping site, according to researcher TNS. AliExpress also broke into the top 10 of most-visited websites in Russia in July.
I agree it is undervalued. But you aren't being forthright in your numbers. You have to back out taxes