Strong Moat I hear…
$BABA.US$ Alibaba (NYSE:BABA) shares roared to life early in the week, and held their gains after the Chinese e-commerce and Internet leader replaced its chief financial officer. Macquarie Research analyst Ellie Jiang also gave Alibaba (BABA) high marks, saying that the company is building a "strong moat" around its merchant services business.
- seekingalpha
- seekingalpha
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Revelation 6 : They’ve taken their lumps, paid their fines and are coming back on line, in accordance with the Central Government’s views and values. Even after being stripped of a significant amount of funds the company is so well positioned it has and will continue to rebuild quickly.
nice name : without government it is nothing
Revelation 6 nice name : Exactly. It is allowed to be because of the government but when the government left it alone it grew much bigger and better under capitalistic ideals. Billions and billions better.