most will be selling what they bought in $30's and low $40's. they would be foolish to hold into weekend unless they are going to hold long term. I will selling my recent buys to reduce overweight position. my opinion
good to know, but use caution on the drop after the 10/13 share ownership requirement. could sell off after that and what you may lose in value from here may not be worth waiting for the div on 11/3. i.e. it could drop and test $19's again. my opinion
juggernaut?? in a depressed communist country?? are the poor people of china using e-commerce to drive sales??
see you at $30's. my opinion
agree. IPO was built up on hype and did not take into account that the Chinese economy was faltering. if anything the IPO should have been in the $30 range at high. Barron's was correct in their article. 50% downside forthcoming. my opinion
it means those that bought tons of shares below $17 made a nice little hit today. some also believed it was an opportunity to buy more such as insiders, and perhaps some reduced position. bottom line; coal/mining sector is dead for now. this was a just a small dead cat bounce. my opinion
cnbc was even trying to promote gopro today. also notice how they do not even talks about baba anymore. ever since their hype during IPO days, they have been silent about baba. my opinnion
I think its a safe bet APA gets back to $50's before we ever see $30's again. But, it was a gut wrenching experience to watch it fall that low especially when I still had some from buys above $90. stayed the course though. the key will be the next earnings call to see what adjustments they have made to secure the foundations of business through the downturn going forward. will collect my measly dividend along the way. my opinion
agree it will be at $80's again but not for another 5 years minimum. my opinion
***mark this post as a reference. and if by chance it hits $80 before then, I am gone on this board forever.