Alibaba Hype

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Since Yahoo! holds 25% of Alibaba, ($BABA IPO ) it's possible that Yahoo!'s share price will rise at the same time as Alibaba's.
Seems like I was right. :)
It's known since months that Yahoo!'s share price should rise with Alibaba. That is why Yahoo!'s share price is already so high.

I think it's a safer bet to short this soon.
I agree, people are scalping Yahoo, not planning a long term hold strategy.
shanytc ChartArt
You know what they say: sell the hype buy the rebound. :)
Lol, that's what people are doing with the BTC consolidation. FML.
+1 Reply
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