BABA: What's Going On?
$Alibaba(BABA)$ $Alibaba(09988)$
I’m just wondering when Jack Ma wanted to sell some shares and saw the stock price goes down around $81 then he backed off on selling the shares.
Now i believe after he saw the new low coming and i also believe he keeps an eye on the stock price and as long as he sees the market pricing is unjustified he definitely will act and guide Alibaba management to do something.
Remember when Ma back to China in matter of 2-3 weeks they announced the spinoff plan. I believe he would do something to save BABA face and restore confidence in investing and buying baba shares. Let’s wait and see.[Cool][Cool][Cool]
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