No one knows what tomorrow holds.
KNDI dropped to below $12 on Wed. If I know about the announcement of the car-sharing program in Nanking and Warren Buffet buying into auto dealers I would mortgage my house and buy for the pop today.
More good news?
They alreadt did on Mon and Tue after options expiry last Friday. Some whispers of takeover do the trick of boosting the stock. Now BABA is on a mini rocket ride. Watch!
BABA options will start trading on Sep 29. Does anyone know when short selling can start?
The markets heard about the $66-68 range yesterday and earlier. It was not news. According to the article the IPO pricing was a balancing act, not to repeat the FB fiasco after IPO. They want the investors on the IPO order book make $ on the early days.
Instead of buying more YHOO before closing yesterday I would be better off buying JD, up more than $1 this morning.
this morning around 10:30 am. She said Alibaba at $80 had been priced into YHOO. Thanks for the negative marketing.
New money will go to BaBa instead of YHOO. Why buy YHOO for 25% of BaBa? I believe the takeout speculation to get the BaBa holding.
Agreed. I have been saying this since the breakout last time over $22. Unfortunately I have losing $ on holding long.