Live and learn. Greedy shortie pigs are getting slaughtered !!! Already bottomed but still wants to dig deeper. Oh well !!! :-D
At this pint accumulation is in process.
when you bought high and sell low that is not a scam ... it is called stup1d1ty
TSLA is not ecommerce. It sells expensive electric car. Also, BABA is a HOLDING GROUP meaning it intends to diversify its business.
take note that Alibaba is a holding group company. It can venture into many businesses with its huge money.
Alibaba will be the biggest diversified company in China in 2 years. If AMAZON and NFLX made it to in the top why not ALIBABA. BABA will be in the $300/shr in 2 years.
He allows to sell fake products. He lied to his customers and shareholders. He does not care about the money he took from his shareholders. He does not know that many poor investors have bought BABA thinking it was run by a professional management but in fact Jack Ma is a scammer. I am not surprise BABA stock will continuously decline. If Jack does care about his shareholders then all shareholders show leave BABA so it will continuously decline. If JACK MA was not able to beat analyst expectation selling fake goods then it will be worst if he sells legitimate goods. Chinese cannot compete with western marketers because they have no identity other than copycats and counterfeit where they are good at. DO not trust Chinese products and management. Stay away from Chinese stocks ... particularly BABA. TIMBERRRRRR !!!!
I expect to reach mid 90s.
more revenues for the succeeding years.
dudes, it is bottom. You cannot dig more on rock solid BABA level. Once the money our, price will float to $90s then $100s / shr rpice.
that is why it is bouncing within mid 80s range Wait for a good news on BABA then will shoot to $90+ when fresh money from new investors comes in.
No problem... bought more on the dip. If Amazon made it , why not Alibaba? BABA has bigger capital and can pay off its debt with CASH.
it is a good reason to buy because it will make money in the long run contributing more revenue to mother Alibaba Holding Group of companies. In the long run ALIBABA will be more stable than other ecommerce firm being diversified. Alibaba will be AMAZON & NEFLIX combined. For those who shorted, cover now because any time soon it will hike to mid 90s.
OLD NEWS ! BABA has been been cracking down on fake goods supplier. It even fired corrupt employees. While in China, enjoy eating noodles. :-D haha
until tsla starts to sell mid price vehicle only then they will survive. If they cater to the Richie class then the demise is near.
BABA is bound to be the riches company in the long run.
Shareholders leaving BABA stock because Jack MA cannot be trusted. He is nothing but a #$%$ !