Friday, October 31, 2014

Alibaba is a Buy - Undervalued Indeed

Today I finally initiated a long position in Alibaba shares.  I find the stock to be extremely undervalued and believe it is going to go to $120 per share in short order.  This could happen just with the earnings release in November, the week of the 17th.  We will see, but my money is where my mouth is now.

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