Syriza has no intention of backing down to Germany or Creditors. And IMF is not going to sign a deal if Greece doesn't bend over to the max. We are still playing a game of chicken and no one has read the fine print. Greece will not pay back IOU's ever and the more free money they get from Germany will be spend in days while German tax payers kick out Merkel come next week.
Since Greece is run by a marxist government that will say anything to get "FREE EUROS" with no strings attached. Fool me one share on you. Fool me twice share on Me. Merkel will not cave to lying Greeks who bear no gifts other then empty promises.
Merkel won't take a haircut if Europe looks the other way or kicks the can down the road. She will be booted out of office faster then you can say "furchtbar". Watch the German's citizen go into mass revolt .
Kerry dreams of a Nobel Peace Prize are now fading fast as the Iran Nuclear talks either crash and burn or we get another idiotic extension to talks that lead no where. Oil heading higher on news that Iran will never be able to pump oil to the max because they will not give up the BOMB and furthermore will never allow U.S. inspections of Iranian nuclear sites.
Do you realize what this means. No Sept. lock up expiration date for BABA. So the Sept. date is now pushed off into the end of the year and with that news BABA will fly way higher knowing the big boys cannot sell insider shares. Not that they would anyway since Alibaba is dirt cheap at $79 a share, but pushing off a Major Lock Up date is HUGE NEW and good for BABA investors. Buy hand over fist for the big move back up.
$80 plus close today and could open $83 plus tomorrow. When the China Market settles Baba will rocket higher.
Agree and "shorts' might just start to lose a few fingers and toes if they don't cover soon.
Odd you should say tha ttaobaopian since we've all heard you head size is actually bigger then Jack Ma's. Usually two fat heads think a like but just wait for 2 pm and then realize your "short" position will be crushed.
or shortly thereafter. Buy low - sell high guys and right now Baba is dirt cheap. The Fed will hold rate hike until end of year or next year which will send market higher after 2 pm. Baba will climb going into Fed Minutes and will close GREEN. Should open $82 plus tomorrow and start it climb back over $100 a share. All Aboard
Because its going to double this week and probably hit $100 a share by end of year. China bubble has POPPED and Europe goes belly up. And oh wait - A Fed hike in September. Markets are DOOMED.
China economy now in free fall.