Sunday, November 9, 2014

Week of November 10 - Alibaba Stock

As we begin the trading week of Monday November 10, 2014, shares of Alibaba will be in focus.  It is coming off of the best week so far in its history on the NYSE, with shares trading sharply higher.  Will this continue?  There have been big names, including Jim Cramer, who have said that the shares could trade much higher than they are.  I see that coming as well, and am long shares.  Jack Ma has done an excellent job with this company and I feel that it has tremendous days yet to come.

No comments:

Post a Comment