Baba barely moved up during market hours by 9 cents trading 36 million shares and you think this aftermarket pump using 200k shares will hold the value tomorrow? Watch this will go down with hyped valuation of 20 times the revenues. Watch and learn. Baba heading down below $60. Mark this post.
You can put me on ignore list like an arrogant but that does not change the facts on baba hype. You beg holder could have sold today but your greed going to bankrupt you.
Baba barely moved up by 9 cents today while all the major indexes moved up by more than 1 percent. Big boys used this up market to sell more and went short before 400million shares comes into the market to sell due to this first lock up expiration, baba to see $60 before it can see $100. Mark this post and learn. Dont be fooled by this hype.
Baba only traded twice the average volume while more than 400million shares will be eligible to sell starting tomorrow. Baba will definately go below $60 soon.
Read on Yahoo Competitors of BABA and learn how this foreign hype is trading at 20 times revenues what about if the growth slows and all you beg holders wiped out at the end to buy into this hype??
More pain to downside, baba free fall yet to begin, get out while you can above $80. This is going to see $60 before any meaning full move.
Baba will close below $81 today. Huge selling pressure with 300million shares needs to sell soon.
Selling pressure will begin around 11:00am est. More than 300 million shares will start selling.
Baba is not a brand new growth company and its founded in 1999 according to the company web site information, baba has revenues of $11b, max value for a decade old company should not be more than 3 times revenues which values baba at max market value of $33b, based upon $33b market cap and 2.49billion shares outstanding price/share = $33b/$2.49b = $13.25/share. If baba increases its revenues and net income then the share price can go up but right now the value should not be more than $13.25/share period.
In fact baba can be down huge some day due to excessive valuation. How will you feel if baba trading down at $60 or below one day when you wake up. I will not hold this one before lockup expiring soon next week.
Folks you need to understand the valuation of a 20 year old company recently went public. Revenues are only 11billion and market cap valuation is $210billion. Ask yourself would you pay $85 price to buy a 20 years old company with revenues of only 11billion and trading at 210billion value like a brand new growth company?
ask yourself why baba is trading at $85 below the 34 brokers median price traget of $112? Why not these brokers buy this stock themself this cheap now and become billionares? Wait until mar 18th when there will be more than 400million shares comes to the market when insiders can be able to sell their holdings. Good luck!
Dont take it granted. Baba is 20 year old company recently went public. Its already trading at super hyped value above $200billion with merely revenues of $11billion. Its already seen its growth in last 20 years and there is going to be a slow growth. why baba is trading at $85 below the 34 brokers $112 median price target? Wait until march 18th when more than 400 million shares will be eligible to sell by insiders. What if you wake up to see baba trading below $30??
BABA every upside will be met by more sellers who are under water buying within $90 - $120. More selling will follow after margin calls. Then once lock up period expires this month more selling continues with lots of insiders have penny options will cash out for huge gains.
do your due diligence before putting your hard earned money into wall street hyped stocks. learn from Mr. Buffett to invest right and enjoy your life. How can you buy this hyped 20 year old company recently went public with merely 11Billion in revenues and trading 20 times of revenues at 200 Billion with hardly any growth to justify this valuation. Get real guys.
you may want to put this tattoo somewhere on your private body part well hidden inside so when this BABA retires no one ask you what is this all about...
no way you can trust any Chinese data center to give your private information to e.g. name, address, credit card information, bank card information, etc. If you dare to do so then don't regret if one day you wake to find your accounts are wiped out...
Congrats buyers please buy more of over valuable gigantic growth company and we will show you our loyalty soon.
Lockup expiration coming and all baba employees needs cash to enjoy new homes, new cars, new wives and ofcourse nice vacation. Pump it more so these hard working employees get their fair share soon. Go baba go jai ho baba ki!
Hope all of you have read this story "alibaba chalis choor (alibaba and 40 thieves)" lol! You guys are totally nonsense to buy a company with only $11b revenue and trading at $200b market cap?? Get real folks before you wake up one day and see this baba #$%$ trading at teens. Get real! Get real! And get real! Dont dream baba to be at $100.
Go to Finviz put AAPL in search to see the price channel that it is at the top of the channel and EVERYTIME it touches it goes DOWN within three days & that FIRST STEP IS A DOOSIE ($ 8-11) ! It may pullback to $120 in next few days.