Alibaba Hype Long

Description

⋅ Sep 16, 2014 9:57 PM

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.

Comments

shanytc

⋅ Nov 4, 2014 2:10 PM

Seems like I was right. :)

ChartArt

⋅ Sep 16, 2014 10:06 PM

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.

MarvinMartian

⋅ Sep 16, 2014 10:11 PM

I agree, people are scalping Yahoo, not planning a long term hold strategy.

shanytc

⋅ Sep 17, 2014 9:26 AM

You know what they say: sell the hype buy the rebound. :)

MarvinMartian

⋅ Sep 17, 2014 4:05 PM

Lol, that's what people are doing with the BTC consolidation. FML.