Re: Alibaba (BABA) / Jack Ma
Posted:
Thu May 05, 2016 8:16 am
by iam802
Chanos was short on BABA before Nov 2015.
There is a chance that his shorts are not giving him profits or sufficient profits yet.
I may want to go for a Long position on BABA If it falls far enough. There is still the crazy Single Sales day in Nov to look forward to.
Not vested at the moment.
Re: Alibaba (BABA) / Jack Ma
Posted:
Fri May 06, 2016 3:11 pm
by behappyalways
Alibaba profits triple as mobile sales soar
http://www.bbc.com/news/business-36211049
Re: Alibaba (BABA) / Jack Ma
Posted:
Fri May 13, 2016 3:55 pm
by behappyalways
Here's Why Alibaba's Accounting Is As Alarming As Enron's
http://fortune.com/2016/05/12/jim-chano ... ccounting/
Re: Alibaba (BABA) / Jack Ma
Posted:
Thu May 26, 2016 7:10 am
by winston
SEC investigating Alibaba's accounting practices
BENGALURU: Alibaba Group Holding Ltd said it was being investigated by the US Securities and Exchange Commission over whether the Chinese e-commerce company’s accounting practices violated any federal laws.
The company has provided the SEC with information about its accounting for logistics unit Cainiao Network as well as operating data from its Singles’ Day shopping festival, according to Alibaba’s annual report filed on Tuesday.
The SEC advised the company that the investigation should not be seen as an indication that Alibaba had violated federal securities laws, Alibaba said.
Up to Tuesday’s close, Alibaba’s stock had fallen 12.3% in the last 12 months.
Source: Reuters