Fraud???? This is investing. If you think you know something see a lawyer. That's what everyone in this country does.
It is totally amazing that AMZN who barely makes a profit and goes to over 300 and then you have Alababa who have nice earnings and it acts the way it has. Amzn has been running in the red for years but investors still flock to this company. I just don't get it!!!!
This stock has been acting much better then its peers ... when it dips it immediately recovers and moves higher .... reasonable PE and with the price of gas I think this is creating much more traffic ....
Immediate selloff after the announcement. I guess he will dollar cost average down to 20. I guess Icahn will be next into announcing he is also buying again. .
cmon now ... less then 1% dvd .... if they are that hard up for cash this would drop another 10%. If they eliminated the dvd it would get to the point where another company with cash would scoop this company up after the drop and they don't want that to happen..
and I think it is heading to 60. A very reasonable PE. They are in cost control mode and with the addition of Hitachi it looks like they are being proactive in expanding.
and that is only today .... what did he lose before today... I know he bought some at 62. love to know his thoughts going forward.