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McllroyCharlee
Aug 30, 2018 4:33 PM

Stick in the mud. Long

Description

Best Inc IPO @ 12 dollars to retail investors.NYSE:BABA must be consolidating its position left exposed.
Comments
aquietinvestor
Do you have an opinion on whether or not BSTI has bottomed out?
McllroyCharlee
@aquietinvestor, I would like to say yes. But there's some outside factors like Alibaba's Jack MA stepping down, "Trade negotiations", warehouse inventory automation scaling issues that are in question as well. IPO at $12 and current price is $6. They might take this down to 4 dollars or lower a share before any significate upside in my opinion.
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