$Alibaba (BABA.US)$ Those short sellers will find every reas...
$Alibaba(BABA.US$ Those short sellers will find every reason to short the stocks, this is the truth. You need not to care what they are mentioning. Last few quarters the results are good, they said China’s economy is bad, and they predicted Baba will stop growing due to it. In this month, most of the China entities got a good QR result, they start finding other possible reason to short it. As the peer and in the situation both of them are growing, $Amazon(AMZN.US$ worth 70+PE, but Alibaba worth 10+PE. It shows that the market itself is not looking at the fundamentals but whether have sufficient players inside anot. Unlikely, Hongkong and China Mainland do not have something like Wallstreet to play around, bluff around and pushing the price up.
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102319027 : this narrative old already. you need new propaganda material. the PE difference has been repeated for the last few years. whatever ways that were used to short, it is working. clearly you have no idea what you are doing and you are stuck.
CMLIN : Is manipulating by market player … if u got bullet just enter ..
JC1616OP 102319027: You are obviously those short sellers I said. No worries, I do not own Baba shares, I just think the China market is full of potential and now I feel bad that the market is so cruel on Baba, even JD and Baidu
102319027 JC1616OP: yes I am perma bear on Baba. figures may look great but the macro factors are not friendly.
technically, this counter has weak supports and strong resistance. price stagnation at the low levels way too long. there is very little buying interest. even if there is, it is for the short haul. it is easier to short than long for counters like Baba. their financial results, however good, is only able to sustain a short run for a day. who wants to be an investor in such a counter.
haven't even touch on geopolitics. the push factors outweigh the pull factors.
JC1616OP 102319027: That’s why i saying there is no enough players inside, nobody have the capability to capture once SoftBank or Ma selling the shares. It will take few years for the market to digest the disposed shares and it also took few years time for SoftBank to dispose its shares. I believe no big players even want to enter this kind of market. Once the foreign investors start to return back to HSI, China is full of potential.
102319027 JC1616OP: same sentiments. Baba will take at least 3-5 years before it can get back to above 100. for now, anyone with half a brain will stay away from Baba if they are looking to invest.
if the property and financial sector in China takes another hit with permanent repercussions, Baba may very well go under 50.
MiddasHBK : such an old narrative. you need to keep up with what's happening man
JC1616OP MiddasHBK: I would like to update what is the current method you think about this, please share your thought