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$Alibaba (BABA.US)$ seems like the CSRC statement didn’t do ...
$Alibaba (BABA.US)$ seems like the CSRC statement didn’t do much to quell delisting fears… we need the US SEC to say something…
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BC_76 : if Baba announce shares buyback, or some form of discussion between both the Chinese regulators and US regulators, diminishing the FUD, I think those shorts get caught with their pants down immediately. Many institutions own BABA shares in millions. Ours just peanuts.
102758766 OP BC_76 : Yes I agree… but I don’t think BABA has much influence over this… this is probably at the regulatory level… both countries have to work something out
丁蟹NA BC_76 : tbh, the FUD sentiment might still continue until it runs out, means it might still drop. however the meat for shorting is not that much. risk reward is not worth trying.
BC_76 : the more cheap it gets, the more attractive the buying will be, and the more risk for those taking shorts positions and selling naked. I am down a lot, but I sourced funds twice to top up my positions, I would not give my positions up. will do another top up this week if it drops. that shld cover it safely even if it drops again. And I WILL WAIT FOR REBOUND! How low they want to make it? They cannot let the shorts win forever! Sure will give a turn to kill the shorts one big time.