$Alibaba(BABA)$ I am bullish and long on Alibaba. but there is one thing bothering me. Alibaba stopped buying back shares on Feb 4th, around $100 price. they did the same thing in September when stock went up and earnings were due. I wonder if the management thinks that the stock would go back lower after earning? I will continue to hold but I was hoping the management would keep buying even above 100... at least up to 110 or even 120
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments