Kirk_Spano

Chinese Commies are punishing Jack Ma through Alibaba...

NYSE:BABA   알리바바 그룹 홀딩즈 Ltd.
The punitive actions taking against Alibaba for Jack Ma for speaking out must be looked at through multi level thinking. Do the Commies really want to break up the company or are they just trying to make money on it? There are a couple scenarios here. The commies break up the company. There's probably legit, but weak reasons to do so. Yes, Alibaba is dominant, but, there is competition coming. The commies beat up the company so the shares get cheaper, buy a bunch of shares and then make nice with Ma (before disappearing him someday). My guess is that. I think they beat the stock up more and then buy shares. My limit orders are in at $192 and $172. I could get rid of the $192 order if momentum is hard down as the price approaches. I already have a starter position in BABA from the last beat down.

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