DesertFox88
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So long as there are people who are greedy for fast returns, we will continue to see such manipulation of the market by the Big Boys who are the only ones in long run laughing all the way to the bank.
Wild Bed Bath & Beyond Stock Moves Expose a Larger Problem With Investing
Both are too strong to remain down for long...
Microsoft Fell Over 4% in Morning Trading As There Were No Substantive Settlement Discussions Under Way Between U.S. FTC and the Company
Hate to be a naysayer since I think Alibaba has potential for great returns to investors but that's for the long term unfortunately. It's too early to say their venture into this new area is a success and we need to see more visible evidence instead of data that's provided by Alibaba. We know that Chinese companies are not known to share details of their businesses... especially when it's bad news.
Alibaba's Workplace App DingTalk Crosses 600M Users
Wat shouts out to me in that long article is how Shopify is NOT yet profitable...and it's still a buy? Go figure...
Is It Time to Shop for Shopify Stock?
This is an attempt to talk up the market using old news...first chapter, protests by Chinese against zero Covid approach; 2nd Chapter a few weeks ago, Chinese Govt relaxing 'internal controls' and nothing heard about relaxing border controls; 3rd Chapter which is ongoing... relaxation of internal controls coupled with weak vaccination results in rampant increase in COVID infection nationwide and we're still waiting for the fallout from that. Don't see how we can read from this that China is opening up let alone that Alibaba going to profit from that... let's not forget Alibaba is not the favoured child of Chinese Govt anymore...
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When they were comparing Pinterest to Shopify, it was already clear that the latter had a more robust and sustainable business model. I wouldn't buy into Pinterest except as a possible short term quick profit target.
Pinterest Stock: Lackluster ARPU Growth Kills Profit Hopes
All things said, most of us will agree that Alibaba remains a structurally sound company with high long term growth potential. Nevertheless we cannot assume that there's no further significant downside in its prices as so long as China refuses to change its unsound COVID-19 policy and open its economy again, the shares of Alibaba will continue to gravitate downwards. We must also not forget that even if China opens up again, it will still take time for the Chinese consumer to recover their buying power which has been dealt an almost death blow by the lengthy closure of China, leading to increased poverty as businesses and workers struggle to survive.
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Still a great stock to buy for logn term if it goes down further.
3 Flags for Disney Stock as Iger Makes His Return
Opportunity for those who bought into bear market to offload whatever stock they have of companies without the strong fundamentals to justify investing in long term.
US Stock Rebound Has Room to Run, Morgan Stanley Says
Looks like History is gonna repeat itself as such talking up of market by supposed gurus encourage reckless market behavior leading to losses when the market proves them wrong. It's too early to predict market movement from just a data blip and it's highly unlikely that the powers dictating interest rates will be convinced by it to change their determination to bring inflation down convincingly.
U.S. Stocks Could Rally Another 25%? One of Wall Street’s Most Implacable Bulls Laid Out His Opinions
Be fearful when Others are Greedy...
Why Netflix Stock Soared 8% on Friday
Agree that there's still some more downside for Alibaba, but believe we're likely to see a resurgence once China opens it's borders and allow life as usual.
Alibaba: It Could Get Worse
Prices of Apple 14 are crazy...One can about buy a laptop at those prices! Good stock to short methinks...
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I share a contrarian view and think it's going to be tougher for Pinterest to monetise... Pinterest brings to mind Facebook which everyone knows is finding it harder to be profitable. I would think Shopify is more likely to be the winner given it's easier to understand business model.
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Probably a Dead Cat's bounce
U.S. Stocks Trimmed Their Losses and Turned up in Morning Trading; Dow Jones Surged 0.85%, S&P 500 Jumped 0.67% While Nasdaq Rose 0.36%
Agree that there's still some downside in pricing for Alibaba...but for those who are looking long term, no harm to start buying in if you have the cash. Value is attractive for long term value investors at current price.
Alibaba: The Ultimate Contrarian Pick
Time to start picking choice blue chips?
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Good long term strategy to go for blue chip bank stocks...great addition to passive income
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
With such a healthy netcash position why would it need to seek Chinese capital in a country which is subject to Chinese unilateral interference? Methinks it might be a politically driven move and does not allow one to totally deny delisting possibility.
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Not the time now to be doing cost averaging as stocks seem to be rising euphorically...but need to still be invested in market albeit having cash in reserves in case of crash allowing for opportunity to then go into cost averaging.
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