they want to cut BABA down to size
Baba will be down on this.... first sign of chinese govt coming after BABA.
It's going to have it's wings clipped :(
Purchases by existing principal shareholders and certain affiliates
Randal J. Kirk, our Chairman, President and Chief Executive Officer, on behalf of himself and certain of his affiliates, has agreed to purchase an aggregate of $15.0 million in shares of our common stock, or 555,556 shares of the 3,750,000 shares of common stock in this offering, at the public offering price. Any shares sold to Mr. Kirk and his affiliates will be subject to the lock-up agreements described under Underwriting. The underwriters will not receive any underwriting discount or commissions on the shares of our common Stock purchased by Mr. Kirk and his affiliates in this offering.
how rare is that?
last time I saw that was elon musk in tsla at $90..... stock tripled after that.
what a #$%$ post....
tesla will soon realise what it costs to stay in this game. all the have is a old model , the S which has been out for 4 years, and nothing else. they are going to bmw to buy tech from them and not the other way around...
it's a SELL
what is wrong with you dumbo's??
having a laugh... 100 times earnings. mad bstards
both of u are #$%$.... these companies trade on crazy valuation. one at 100 times, and the other with losses at 50% of revenues. that's headed for bankruptcy in my opinion.
they are both a SELLL
because the valuation at $8.5bn is a joke.... wayyyyyy overvalued. you longs are so dumb it's untrue..... whats the PE on this stock???
you lot are all delusional..
love how thick you lot are.
making money of you is like taking candy of a baby...
dummies: its valued at $25 BILLION!!!
thats way more than it should be
yeah keep dreaming about that whilst your investment goes down to $20..
what makes you think this is worth $35BILLION???
do you dummies not realise that is a lot of money in the real world, and not what a silly money losing platform could possibly ever be worth?