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Alibaba in trouble?

derrybderryb Posts: 38,570 ✭✭✭✭✭
Guess we'll have to wait and see

Stock should start dropping.

Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭
    not bribing the right officials or not paying enough?
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    China can't afford to have Alibaba become a monumental bust. "Too big to fail".
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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Heard it this evening on the news !!!
    Timbuk3
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    << <i>China can't afford to have Alibaba become a monumental bust. "Too big to fail". >>


    I don't believe this as China is itself embedded in so many governments with loans that they have a large say as to what goes on in them. Alibaba could be the sacrificial pig as it were and be restructured and come out even stronger. I have been looking at many product they carry by many different vendors and some are just straight out against Chinas regulations. Look up adult material, this is a problem as most is illegal in China. I have been looking at drone/quadcopters and parts for them as my boys really have fun with them and they can be resold for a very good profit. Many are direct copies though and that is what I have been working on figuring out who the real manufacture is.
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    AnkurJAnkurJ Posts: 11,375 ✭✭✭✭
    Their stock is actually going up in after hours trading.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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    MsMorrisineMsMorrisine Posts: 39,534 ✭✭✭✭✭
    It's so bad
    Nothing has changed
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    BoosibriBoosibri Posts: 12,681 ✭✭✭✭✭
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    BustHalfBrianBustHalfBrian Posts: 4,199 ✭✭✭✭
    There is a 99% chance nothing will change.

    A 1% chance very little will change.
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    CaptHenwayCaptHenway Posts: 33,926 ✭✭✭✭✭
    I sure hope so!
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    China operates much differently than the U.S. or Europe....We may never see what transpires and only time will show if any effective action is taken.... basically, China does not care about fake/counterfeit goods as long as they are not sold in China....Cheers, RickO
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    derrybderryb Posts: 38,570 ✭✭✭✭✭


    << <i>Their stock is actually going up in after hours trading. >>


    down 3.5% midday from yesterday's close. Some investors may view this as a long term plus for BABA (cleaning up it's act).

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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