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Top Gap Ups and Downs on Friday: BABA, PDD, INTU and More
Alibaba Options Spot-On: On August 23rd, 236.08K Contracts Were Traded, With 2.33 Million Open Interest
10 Consumer Discretionary Stocks Whale Activity In Today's Session
U.S. stock market anomaly | Alibaba (BABA.US) rose nearly 3%, with the market cap briefly reaching $200 billion.
As of the time of writing, the stock has risen nearly 3%, reaching $85.31.
Alibaba Group Holding Is Maintained at Equal-Weight by Morgan Stanley
Alibaba Group Holding Price Target Maintained With a $90.00/Share by Morgan Stanley
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102559790 : the only grey rhino is china macro policy promises that do not seem to deliver while fundamental continues to soften. but that is also the reason the longs can get this good stock at this cheap price...that even Michael Blurry unable to resist loading up.
MrM OP 102559790 : Haha yeah when it recovers, won’t be able to find these blue chip stocks at this price anymore and naturally by then you will not see these bears luring around. Shorting at this price is crazy. At such low Pe, it’s much better and lesser risk to short those overvalued tech stock in US. More meat also haha