$BABA-SW(09988.HK)$ at this rate, we'll open at $97 tomorrow...
$BABA-SW(09988.HK)$ at this rate, we'll open at $97 tomorrow. good luck to all. For the very short-term investors, be careful of holding overnight because US will be reporting their Consumer Price Index (CPI) report tomorrow and it's expected to be higher (bad) than forecasted.
good luck, happy trading
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_Franco
OPMatthew D
:
I hope that smiley means that you're going to make so much money that the overwhelming happiness is causing you to smile and laugh uncontrollably.
_Franco
OPMatthew D
:
I was thinking that after the dip, there would be a run up until earnings. Then I was going to play puts for earnings. Your thoughts?
Matthew D
_Franco
OP
:
Hmm you think that earnings is going to be bad? Im expecting a nice rebound back to 150s after earnings to gain back investor confidence in the China’s economy. But puts are always a smart way to hedge.
_Franco
OPMatthew D
:
not bad, just not enough to raise it like that ($150) like you mentioned. I'm expecting BABA to dip below $100 this week, then rebound to around $110-113, then a 5% drop after earnings.
Matthew D
_Franco
OP
:
Doesn’t mean that I don’t agree with you means you’re wrong. That at least sounds like a solid investing strategy and you obviously have a plan.
Matthew D :
_Franco OP Matthew D : I hope that smiley means that you're going to make so much money that the overwhelming happiness is causing you to smile and laugh uncontrollably.
Matthew D _Franco OP : I hope it dips! I can buy more before their earnings which is guaranteed to be good now that china reopened!
_Franco OP Matthew D : I was thinking that after the dip, there would be a run up until earnings. Then I was going to play puts for earnings. Your thoughts?
_Franco OP Matthew D : nevermind, I didn't fully read your message. I see that you expect good earnings. well .. good luck then
Matthew D _Franco OP : Hmm you think that earnings is going to be bad? Im expecting a nice rebound back to 150s after earnings to gain back investor confidence in the China’s economy. But puts are always a smart way to hedge.
_Franco OP Matthew D : not bad, just not enough to raise it like that ($150) like you mentioned. I'm expecting BABA to dip below $100 this week, then rebound to around $110-113, then a 5% drop after earnings.
Matthew D _Franco OP : Doesn’t mean that I don’t agree with you means you’re wrong. That at least sounds like a solid investing strategy and you obviously have a plan.
_Franco OP Matthew D : might not be the right place for this, but are you watching any anime this season?
Matthew D _Franco OP : Haha been a while since i watched any. Last one I was watching was chainsaw man and the new bleach
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