Reply to thread

Message: [QUOTE="methodology, post: 4256192, member: 3012"] Baba is finally paying me back for my continued losses in them over the past 2 years. Bought some $115 calls expiring 9/16 when the stock was at a joke of a price of $81. Up over 200% and I think it’s going to go higher. They have earnings coming out in may and the Chinese government is finally seeing how important it is to back them. They are a larger company than Amazon and make more money than Amazon and their web services part of the business isn’t even factored into the Alibaba stock price. Their web services part of the business is the bread and butter. The Chinese are never going to allow Amazon or a non Chinese company to own the web services sector in China which is the largest in the world. Baba should continue to rise throughout the year, imo [/QUOTE]