103706768
Panda busy
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Their Q3 earning was shit, no matter what outlook they post they will have to crash today. If they gave good outlook for Q4 market will crash them even harder cuz earnings dont lie.
$Alibaba (BABA.US)$Alibaba posted year-on-year revenue growth of 5.2% to 236.5 billion yuan in the second quarter of the current fiscal year. The Chinese e-commerce company realizes more than 75% of its turnover in China and results were under pressure there. Scaled back expenses Chinese consumers have cut back on spending on clothing and cosmetics, products in which Alibaba has a dominant market position....
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Thelord
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This is old news the Chinese government already announced previously that they support the VIE structure
Money Thrill
OP
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all right, i sold at 83 because i have no longer trust in it. I look for moment at $Amazon (AMZN.US)$ , price high, but i suppose that the revenue shall go very upwards because of "datacenter service", and consumers in US with Trump. So shall not buy again Alibaba... i invest for 2 or 3 years and change my portfolio following markets futures. Never losses even when i sell with little loss like Baba, But i have 20 positions and + etf's.
Deposited my weekly $220. Noted that TORM ($Torm (TRMD.US)$) shares keep falling which make me interested to buy more shares. Why I find TORM shares attractive at current levels As an investor, I’m always on the lookout for opportunities where the market undervalues strong performers - and TORM is a good example. Here’s why: - Strong Q3 2024 performance: According to TORM’s CEO, the Company continues to deliver solid results, with fleet-wide rates slightly above last year’s lev...
103706768 : Footlocker crashing nike will follow later.
liquidityHunter OP 103706768 : what is footlocker ?
103706768 liquidityHunter OP : Largest sportwear sub retailer in the world. They reported earning today and is crashing close to 20%
Panda busy 103706768 : You can’t stop them from trying to short themselves by publishing negative outlook news.
103706768 Panda busy : Their Q3 earning was shit, no matter what outlook they post they will have to crash today. If they gave good outlook for Q4 market will crash them even harder cuz earnings dont lie.
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