Chinese companies are just watching TSLA to keep borrowing money to go bankruptcy before they acquire.
Jack Ma just kept expanding ignoring that he has the responsibility to make sure the BABA price goes up. If ever BABA collapse we don't know where the money went.
Alibaba will just trend from 60s to mid 80s
No matter what, it will still go up. Worday is the a better quality product than Oracle. With Oracle aggressive move in pricing shows how risky to deal with oracle. Once it kills it competitor they will again increase the price. With workday it has its own database, not oracle db. No more worry about oracle databases bugs and performance problems.
WDAY still landing high profile clients. In the long run , ORCL will find out that they have ony the small and meager budgeted and problematic clients. The swing down is temporary. WDAY will still win the game. WDAY is way above quality compared to ORCL product. It is time to buy WDAY while the price is so low.
BABA has a more room to hike price so buy at this LOW !!!!
Short sell are allowed only three days after they buy. Perhaps you were referring to options trade.
but thanks for pushing BABA uptrend. Do it again then you see $100+ ... give it try ! :-D haha
I am very happy with BABA price climbing up. Good decision I added when it dip to $80. Maybe I will sell @ $115.
The price is no longer justifiable. Too much expenditures but not enough revenue.
It is bound to succeed !!!!
BABA should be $100 by now
BABA will continuously report a positive earnings. Needless to say Chinese merchants knows how to sell and they have been doing it since ancient times. Another advantage is Alibaba has lower cost of manpower. China has SIZE, POPULATION and RESOURCES. Someday it will be the biggest economy. Europe has deflation and americans have problem with it debt , social welfare cost and labor cost. China is emerging and growing.
Sorry fellows you missed the boat. We're heading to $90+ soon.
They will again try another short attempt but will fail. The stock is heading upward.