Baba

[riverbabe]

Sweet! Had my orders in for 95 and 98 and also got BABA at 92.7. The process works. Much smoother than FB. I don't think we'll regret these buys.

-------------------billy

Same for me. My bid was 97. Congratulations billy!

[Louetta]

Bought a $70 October call for $19 with the stock at $88.92. Very little premium methinks, of course there's only three weeks to go.

[Lucavia123]

Picked up a bit at $88.19. I'll be interested to see how this plays out long term.

[riverbabe]

Good god! We're GREEN!!!!!

[billyjoe]

Go BABA ! Make MaMa , DaDa, and PaPa rich.

----------------billy

[riverbabe]

BABA earnings 11/4!!!

Here's another one I'm looking at. (Thank you Zacks.)

"YY capped it off with a smokin' +4% day. They report November 5, the day after Alibaba.

And since BABA is probably going to blow the doors off of Wall Street with its report, if you don't own YY, get some soon."

From Investors.com (IBD) http://news.investors.com/102314-723217-chinese-ipos-china-mobile-bitauto-soufun.htm?ven=yahoocp&src=aurlled&ven=yahoo

"The Guggenheim small-cap fund has more growth-oriented names familiar to IBD readers. Among its biggest holdings,YY (NASDAQ:YY) offers an online social communications platform with real-time voice, text and video.
YY recently found support at its 200-day moving average and is close to retaking a 78.83 buy point from a late-stage cup-with-handle base. The stock has made a huge move since going public in November 2012 at 8 a share.
YY has six straight quarters of triple-digit EPS growth, plus triple-digit revenue growth as far back as the eye can see."

[bigtruck]

I really like YY as well riverbabe. RSI is strong and it looks like we may have reached the bottom of the cup in a cup and handle pattern.

Earnings on 11/5 should be interesting.

[Lucavia123]

BABA is doing very well. If earnings are on the mark we should be $100+ shortly. Anyone willing to predict how high shares might go over the next few years?

[riverbabe]

BABA is doing very well. If earnings are on the mark we should be $100+ shortly. Anyone willing to predict how high shares might go over the next few years?

No crystal ball, but I bot AAPL at 88 and it went to 700. I know this isn't AAPL because it has no products. But it's kind of a mixture of EBAY and GOOG. So I'm willing to sit tight and enjoy the ride. Just hope it doesn't get manipulated too much on the way.

[billyjoe]

River, It couldn't get worse than what happened to FB and anyone that held on doubled their money. Incidentally after being down 10% on my portfolio, I didn't panic, didn't sell, and a few weeks later have gained all but 2% back. Some of the high div. stocks really got hit.

------------------------billy

[Lucavia123]

BABA Breakouting Before Earnings

[riverbabe]

River, It couldn't get worse than what happened to FB and anyone that held on doubled their money. Incidentally after being down 10% on my portfolio, I didn't panic, didn't sell, and a few weeks later have gained all but 2% back. Some of the high div. stocks really got hit.

------------------------billy

I actually took profits and got rid of under-performers the week prior to BABA to raise cash. So I wasn't hit too hard, except for the divis, but I'll keep the 13+%. They are cyclical anyway. Other than those, I have AA, AAPL, AMBA, BABA, SKX, YY, ZOES, TZA and UVXY, and enough cash to buy more. All doing well pretty much. Not worried. Another RMD coming up (you will find out soon enough about this). Even with that this is my best year ever, mainly thanks to VRNG. All I need to do each year is earn enough to pay myself the RMD and preserve the capital. Have been successful at this for the last "X" years, so all is good. LOL

[Louetta]

Thought I'd increase my stake based on the increase in mobile revenue and the effort to expand into new areas. Guess it's down on margin concerns.

[billyjoe]

Love my BABA.

--------billy

[bigtruck]

I love my BABA as well, Billy. I'm glad I won't be looking at this stock in 5 years wondering why I didn't invest at the IPO.

Long and Strong.