the pumpers and dumpers will have lots of fun this week
Ok, The wild guess continues. I am now willing to risk my reputation of stock market guru and take another wild guess that BABA will be up $5-$10 next week before ER.
Ok, The wild guess continues. I am now willing to risk my reputation of stock market guru and take another wild guess that BABA will be up $5 next week before ER.
Most calls and puts will be worthless
AMZN is up $50 in pre mkt now. It's up $70 from yesterday's AH low of $371. Will AMZN's wild ride give some energy to BABA?
Will BABA be up on China online sales?
Well it all comes down what price you shorted it. If you shorted at $120 back last year, you did a good trade. But if you are shorting at current level around $82, then you don't have too much room for profit. The most you can get may be 10% or 15% but your potential losses might be bigger than 20%.
it's close to 83 in pore mkt now
this morning sold covered 83 calls again to make sure I am keeping up with some incomes from BABA
a rule to follow: if up in pre mkt, then dn in regular trading, But f dn in pre mkt, then up in regular trading.
This early mrning, it was up in pre mkt. So we should observe dn at the close
this stock is the trader's dream stock. Pumpers and dumpers are having fun with this stock.