I still think short it, Never trust Chinese Company Pump and dump, Look at many on the pass, from $60-70 after they pump and big boy dump it drop 80% and all small guys getting kill.
take 5 days to raise and 30 days down turn, to me this was pump from big boy upgrade and cover for what?
why from $115 go to $80.00 for 45 days and pump again couple days ago, so they can dump shares.
should see next week may be back $80.00 again. good luck to who hold it.
Sentiment: Strong Sell
Too many fraud on BABA site, I bought Pushers button for watches he told me to send western deposit and when I come to Shenzhen call him never answer phone and come to his address all fake not there, still on website show factory but all fake. I lost $1000.00usd.
This price target very fair. Base on business growing, I think this week apple easy go $135.00 end friday
if they been register and after that they post item hard for the control 1 million item online, just like ebay you think ebay user selling all Genuine? many fake in Ebay but after post if ebay catch it they will take off. because may be 25 thousand user post within an hour, they do not have enough manpower to control all,
so to me that has been discus last 3 month ago, even China post they check your item before ship out, but still happen copy watches floating all over world.
so I think BABA should trade $90.00 to $92.00 this week
that right hard to hold long AAPL, but if we hold 6 month may be $150.00 that not too hard to do with Apple. my Target $135.00 this weeks by Friday.
You can buy option on PUT , I will look next week and I will PUT next Thursday may be make big money next Friday