Alibaba, You're Next: Unilever's China Sales Plunge 20% - Forbes

This stock is really doing great. How to make sure you don't get surprised by a big dip down? Also is it ok to trade it i.e sale high and buy at low as there is a predictable pattern on a daily graph.

Have been contemplating some changes to my long term IRA, decided to buy some BABA today for it.

Mike

Big Mike 

Have been contemplating some changes to my long term IRA, decided to buy some BABA today for it. Mike

Are you still keeping it? What are your predictions on this stock?

shodson 

I'm still in at 90. I have scale-in orders every 10% level below that (81, 72, 63, 54 and 45), Martingaling every new position, scaling out at every +10% beyond it's purchase price. We got under 83 during this macro-economic pullback but it's but up around 90 again. Anything below 50% is dead to me. I have plenty of capital to do this, it's a very small position, willing to put in 2^5 times my initial investment to do it, though buying at 45 is a lot cheaper than buying at 90, but 2^5 is still a pretty big multiplier at any price.

Are you still keeping it or sold it? Any forecast for the future?

TorontoTrader 

Are you still keeping it? What are your predictions on this stock?

Yes, I still have it, down 13%. I haven't done anything with it, I've not been managing my IRA very well in recent months due to "overload" in my life.

Mike

TorontoTrader 

Are you still keeping it or sold it? Any forecast for the future?

Yes I'm still long. I haven't added or subtracted from my position. It's a tiny position so I don't think it about it very much. I don't have any forecast for you, sorry.

Close Sesame! Alibaba plunges as sales miss - Jan. 29, 2015

All the results are good, They beat the EPS whereas the growth and sales are strong. So I don't understand the downfall.

At the same time, I trying to learn how Options would have played a part on this as most of them were all on the higher side. So a question comes to my mind - Is it possible to manipulate this kind of stock by the MMs so the Options expire?

this law suit and the report by China’s State Administration for Industry and Commerce (SAIC) announced today... may well be the reason for the fall.


Stock Market Quotes | Stock Market Quotes and Symbols

Quoting 

The investigation stems from a report issued January 28, 2015 by China’s State Administration for Industry and Commerce (SAIC) alleging that the Company “has long paid insufficient attention to the illegal business activities on Alibaba platforms.” In particular, the SAIC alleges that many products sold on Alibaba’s e-commerce websites and services infringed upon trademarks, were substandard or fake, were banned or endangered public security.