Alibaba had reported their amazing "Singles Day" sales figure of $25.3 Billion of fake GMV. To put this figure in perspective, this year, "Singles Day" GMV came in at just a few billion more than the annual revenue of Sears/K-Mart (140,000 employees and 1,500 locations world-wide)..... again, I'll repeat that..... Alibaba sold, shipped and delivered the annual, global, sales volume of Sears/K-Mart in just one day! ....800 Million orders to deliver! Incredible! Bravo!.....all those guys on the tuk-tuks, scooters and bicycles must be exhausted...... https://deep-throat-ipo.blogspot.be/2017/11/the-blob.html
I've ridden a tuktuk in south east Asia, didn't see them in Hong Kong as much, i find them quite efficient in their environment. I won't, but you go ahead and short BABA. Report back, let us know how it works out for you. https://www.alibaba.com/showroom/china-tuk-tuk.html
I don't know what you are talking about. The issue is that it is very hard to verify sales/profit margins/etc.
Disagree. Bull case "intact" until either "topping guess at exhaustion" or sufficient breakdown. Neither at this time. Or perhaps I'm reading your post incorrectly.... are you saying "buy to close" on a short position? If so, the short was wrong and still probably is.
Well, as Baruch, I always sell too early . I am a trend follower but I won't follow infinitely. So I prefer take profits with 100% certainty a bit too early rather than waiting for a confirmation of the exhaustation of the bull case and lose a big part of my profits! My 2 cents. CM