it will retract before big money comes in bouncing it to 90s. From then on it will go ahead to 3 digits. I am one of those waiting to retract so I can buy big time.
Jack Ma kept using money into other investment and not focusing on ow to improve more Alibaba i.e. fake goods still being sold in Alibaba site. Alibaba became the conduit of FAKE goods from China.
oh well, they have to get money somehow rather than pay interest. Does it mean that the stock price will not hike any better as it is creating more shares ?
would it affect GEL ?
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.