BABA

Another company that's all of sudden going to create jobs in America.....getting tired of hearing these companies "announcing" alll these new jobs they are going to offer the people of the USA ...
 
Though the PR helped it a lot today, the price failed to hold above $95 which is a crucial level for many to initiate a new long Position. Watch $95.
 
Now, it's looks like inflation will be increased more than expected and unemployment will be decreased more than desired rate. This will force Feb reserve to hike the interest rate again
 
You mean the "MONSTER" move from 93->96 in a week? Hmm, no sorry, no opinion...I dont trade stocks by the way,...I have no clue about their financials. But I frequent Taobao quite a bit and I have to say they got their acts together, less and less fake items, they are beating Amazon, Ebay,... hands down when it comes to their retail store front and linked technology. Ordering items from China takes often times 1 day to have them delivered cross border to HK. Quite impressive.
 
Hmmmm. OK.
BABA is hard to understand from the standpoint of reading their financial statements.
I didn't realize you didn't trade equities. But I knew you understood Asia.
OK thnx.
 
well, its kind of imperative to understand macro events, including Asia. And right now a trade war and tariff storm is brewing...bad for business for everyone involved in cross border trade...
though it should not affect Taobao (and hence Alibaba) much as a huge percentage of business is conducted domestically. But their wholesale operations may suffer...


vanzandt said:
Hmmmm. OK.
BABA is hard to understand from the standpoint of reading their financial statements.
I didn't realize you didn't trade equities. But I knew you understood Asia.
OK thnx.
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