Seams kind of silly if that is the reason for the run..
Wall St. still does not like uncertainty... That will keep this from running to $70+.. I did not get in but I am glad HLF was not wiped out. A lot of people depend on her for extra income. It would of been a shame.
nothing there to influence the price.
Nasdaq goes up 15+ in the last 10 minutes and this will not move. This is what happens when algo's are in play so these big players can accumulate.
I said $90 was a possibility due to the fact that this fund has to have x amount of baba by the end of the month. There is not enough time to buy billions of $$ in stock.
get punished. NFLX, CMG, TESLA, etc... Tesla may go to $190 tomorrow if the Nasdaq is down 100 pts or more tomorrow. Not short just out of everything right now..
Not a lot of time for them
The Chinese can now buy Alibaba starting Dec. 1st and I guarantee you every fund and his uncle will be buying it up to and after that date... I think BABA will be at least $95 by then. It is going to be very interesting!
wouldn't that be like making Apple available to Americans if they couldn't invest in it??? I have been thinking about this and this is bigger than I imagined... Got to be huge interest from the Chinese once they can buy this. It could send this stock over a hundred dollars very quickly. This may move quicker than I thought.
it didn't say that
I think this is a major positive for the stock. We may actually see $90 by the end of the month.
Also, come December 1 you will see an increase volume into BABA.. Probably a considerable amount.