$Alibaba (BABA.US)$ I wonder who was behind pushing price d...
I wonder who was behind pushing price down, all the way till profit ratio was 0 (52 week low x2). Huge XL buying right at the bottom, classic "Dumb Money" move, retailers exiting at their max pain, only to give their money to whoever this whale / money maker(?).
Pushing price up to 78, only to whack it down again, building liquidity from the bounce to short it down even lower.. Got to face the reality, BABA has been played this way for almost 2 years plus.
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TMW1986 : Sentiment is bad. So short sellers took thid opportunity. No right or wrong. If long term holder, can just hold.
RightTimeOP TMW1986: Might have to be super long term, only for price to recover to nowhere near all-time highs. Good luck to shareholders waiting 5 to 10 years and see price at 120. Dumping after this bounce up, if there even is one today.
Thelord RightTimeOP: Ya munger waited until he died still cannot recover his losses. How many bulls will follow his footsteps