Rebound soon
$Alibaba (BABA.US)$ CEO Zhang Yong said management would share more details regarding its outlook at its annual investor event on December 16. The IV of options due on 17 Dec is super high. There will be high chance to rebound to around 160 before the event.
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102586236 : Hopefully
totototototo : Every time Zhang Yong spoke, the stock fell for 10 days in a row.
trans201 : See how strong JD is, This is a sinking ship, no matter what he will say, just avoid. Hard to believe the company hires the most talented people in China but fail to compete with JD and bytedance.
丁蟹NA trans201 : Why would Baba wants to complete with JD？BABA own shares in some of the most important, and profitable industries. almost every growing business, like payments, fintech, electric cars, clould computing. JD only focus on e-commerce. baba is constantly looking for the next explosion. JD stuck in e commerce.
70126348 : In a dream
trans201 丁蟹NA : Its most profitable and strongest e-commerce business is lackluster now. The company spends most resource into it, but still struggle to grow amid the rapidly changing competitive landscape and current macroeconomic weakness. So who will believe other business could take over to make the company prosper again? Very low probability, dangerous game.