$Alibaba (BABA.US)$ Today's stock price jumped downward, bre...
$Alibaba(BABA.US$ Today's stock price jumped downward, breaking the 200-day and 50-day EMAs to test the 100-day EMA. If we can't keep up the 100-day EMA, we'll actually go back to square one. Baba's inaction to trick investors into buying after issuing convertible bonds for repurchase was beneficial, yet allowed shorting institutions to smash the market and cause retail investors to bleed blood constituted stock market fraud. It was a crime, and should be prosecuted. According to the announcement, 80.8 will buy back 14.8 million shares. What about the rest of the money, and at what price? Can the 80.8 repurchase price break down like this? Isn't this misleading investors what?
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104238715 : This round of stock market sell-off has only begun; it can only go backwards... The beginning is the end. I'm tired too.
104174101 : Shame share buy drive price dropped, reversing benefits stakeholder
70869356 : It's best not to participate in any Chinese-related stocks, that's a huge slaughter market
William888 OP 70869356 : I participated in that wave of increases from 68 to 90, bought some 80calls, and made some money. They continued to buy, and as a result, not only were all of the profits returned, but they also eroded the principal amount. I really can't touch it!
70869356 William888 OP : It really only depends on luck
Thelord William888 OP : Ya I thought the uptrend had begun too
William888 OP Thelord : Baba really fooled the hell out of people. Cai Dong was willing to punch a shorting agency in the face like this. How can investor confidence be restored!
Thelord William888 OP : How you know he is not one of those secretly shorting the stock
William888 OP Thelord : I think shorting institutions should have gotten a lot of cheap funding at the bottom. They first pulled up the stock price, attracted retail investors to buy stocks and bullish options, and then smash the market. By the time the stock price dropped, the shorting agency earned all of the retail investors' option premiums and cut the leaves of the scattered investors. Maybe Baba bought it back too, but they haven't shorted the agency? Who knows? Agencies that hit a certain point may buy back stocks sold at a high level and then repeat the same routine. Competition in the same industry in China Securities is fierce, and there are more or less problems. It is particularly suitable for institutions to take the opportunity to go short.