$Alibaba (BABA.US)$ if you re a baba bagholder , the only wa...
$Alibaba(BABA.US$ if you re a baba bagholder , the only way to console yourself is that there are even bigger bagholders than you. And if u re wondering why it is taking forever to go back to some normality. it is because of baba unique company charter that gives Jack Ma the only right to nominate the board of directors, so why would institutional smart money stake their money big time in a place where they can't have a say at all.
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102559790 : baba was a favourite am9ng foreign institutions years ago. did Jack Ma change the company rules in last three yrs? can u suggest another better explanation.?
Mr Pistachio : Many,many US 401K funds bought in BABA.
Inhumane : i just bought in guess i’m joining all of u guys
TRIUMPHANT RETURNSOP 102559790: they probably didn't know it take 95% stocks to override jack ma decisions
Pentaminymum 102559790: jack ma? why do you think hes still with baba?
TRIUMPHANT RETURNSOP 102559790: it was a favourite becos of it's perceived clout in Chinese market... institutions want to trade it but don't want to hold it since Alibaba partnership which is nominated by jack ma effectively control Alibaba group. holding baba would be no different from bonds returns less the capital guarantee to institutions, so which institution is a more than 5% owner?