absolutely fckn not
Moon so COLD
OP
:
I mean because they missed EPS doesnt financially mean they should plunge, their financial statistics are fantastic and alibaba will soar for sure but we just dont know when maybe next week maybe in two but their price is definetely a disaster
n3wb1e
:
Worth nothing that the losses were due to one-off penalty which is not due to the core operating business. Alibaba Cloud continues to grow with >50% growth yoy while Cainiao has also turned operating cash flow positive. The briefing call earlier was quite helpful. Do note that MSCI has announced that they will no longer be tracking US ADR in its index but rather 9988.HK. Probably expect some outflows from passive Institutional funds through till end of this month.
absolutely fckn not : Dont think so
Moon so COLD OP absolutely fckn not : Me too, but I like to wait
absolutely fckn not Moon so COLD OP : I mean because they missed EPS doesnt financially mean they should plunge, their financial statistics are fantastic and alibaba will soar for sure but we just dont know when maybe next week maybe in two but their price is definetely a disaster
Moon so COLD OP absolutely fckn not : My average price around 265, so I like to wait 180 to average my price down.
n3wb1e : Worth nothing that the losses were due to one-off penalty which is not due to the core operating business. Alibaba Cloud continues to grow with >50% growth yoy while Cainiao has also turned operating cash flow positive. The briefing call earlier was quite helpful. Do note that MSCI has announced that they will no longer be tracking US ADR in its index but rather 9988.HK. Probably expect some outflows from passive
Institutional funds through till end of this month.