chartmojo

BABA SUPPORT TEST LOCKUP EXPIRATION COMING 3-18

chartmojo Diupdate   
NYSE:BABA   Alibaba Group Holdings Ltd.
Perfect up down life span of a hype runner IPO. Big lockup expiration coming 3.18 when 429 mil shares will be for sale in the public market (overhang) Then of course Sept 20 1.6 billion shares unlocking...can we say together "Humungus". Of course obviously Nov is when the big shorters got in...it could get interesting again with a support break here near long term low of trading....I'm bearishly neutral till the support break them I'm downright bearish at that point.
Komentar:
was a killer play...

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