BABA

lylec305 said:
I have never purchased anything on BABA, none of my friends have either, have you? Not sure of their USA market presents for alibaba.com. But it's widely used in Asia and other parts of the world.
Actually when working overseas. Not sure if it's just me, I noticed very little discussion or US presents other than fast food joints and soft drinks.
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I have, also been using AliExpress a lot lately. I'd say 80% of Amazon and eBay sellers are probably using it. Yes I pulled that figure out of my ass

Also have to look at it from the seller's side of things. If their exports suddenly increased in cost, they're less willing to pay a premium for a middle man.
 
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Here4money said:
I have, also been using AliExpress a lot lately. I'd say 80% of Amazon and eBay sellers are probably using it. Yes I pulled that figure out of my ass

Also have to look at it from the seller's side of things. If their exports suddenly increased in cost, they're less willing to pay a premium for a middle man.
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Did you pay tax?
 
Hopefully BIDU too...sold some put spreads on Friday. I wasn't expecting this to happen, but sold the spreads because I know the Chinese Govt. will support BIDU at any cost necessary. The company basically has a monopoly on the Chinese search engine market. Same reason for BABA - no competition in China. A legal monopoly.
 
Sometimes you got to hang in there for retracement ...
baba20180913.jpg
 
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