Nov 11 is like Black Friday in China...Alibaba sold $30 billion worth of stuffs within 24 hours on Nov 11 2018, (all time record)....or breaking last year's record....
However, stock price is currently at $130...Looking forward to buy some call options...but I just don't know when to do it...I think those $30 billion of sales in 24 hours...are mouth watering numbers for any funds out there who want to park their money in legitimate company that's going to be around for years ahead......When the market rallies at anytime in the future, BABA (in my opinion)...will be one of the moving stocks in the tech sector...
https://www.nst.com.my/world/2018/11/430300/alibabas-24-hour-sale-rakes-record-us3070-billion
