$BIDU going to come all the way back and end green. Anyone selling or shorting this needs to get their head examined.
popeyecdy
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$BIDU. Are people that dumb to think that these earnings are anything less than fantastic?? Idiotic. The same thing happened with $BABA. People don’t know how to read earnings, stock price dropped big on earnings day and recovered to the point the stock price is higher than prior to earnings. Same thing will happen here. Anyone selling will regret it later. Good luck.
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$DTST what the hell happened for the flash crash to occur. Craziness.
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$CHE-UN.TO. Big volume today. Now just need the price to reverse course and start moving up.
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$CHE-UN.TO Seems like a bad market reaction to a strong earnings report. Still seems to be significantly undervalued. To those that have been in this stock longer than I have, am I missing something?
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$MGM. This is stupid. Great earnings, great industry, great cash flow, low valuation. Dumb to sell here in my opinion but to each their own…
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$FOXO Anyone know the terms of the merger?
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$BABA Momentum is not with US stocks today for sure.
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$WYNN. The Wynn is where The KC Chiefs and Taylor Swift partied last night after the Super Bowl. We should be moving up today!
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$TITN any particular reason for the pre-market drop?
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$BABA over 20 Analysts have target prices (after earnings) at over $100. So are they all wrong or is retail wrong. I am betting on the pros long term.
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It was same deal with $BABA today. Strong earnings and revenue, insanely low valuation, immaculate balance sheet, $25 Billion in buybacks and it still got hammered. It seems that if the company is based out of anywhere other than the US it is sold off. Finding that China and perhaps Israel are being shorted and sold off no matter what numbers are being put up. It is a shame when you compare it to all the overvalued US companies out there.
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$BABA Those commenting “terrible earnings” are trolling. If you truly feel that way please explain. They beat on earnings and will earn over $10 EPS in 2024. They beat on revenues. They are growing. The free cash of over $92 Billion is insane. They print over $8 Billion a quarter in free cash! They are buying back $25 Billion in shares. They have a dividend. If any US company had these numbers we would be up over 20% today. So it is fine to say we are down because of the regional risk of China or because the stock is irrationally hated. But don’t say it is because earnings were bad because they were not.
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$BABA Already moving up from pre-market garbage.
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$BABA volume will be monstrous today. Funds are going to come in and swipe up all retail share for cheap then send it higher.
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$BABA This will turn green today. My average cost is $71.71 so I would be fine with another buying opportunity but the reality is that this will go up on the day. With these earnings, the buyback, their dominance in the market place and financial strength and this cheap a valuation there is only one long term direction. Up!
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They have $92 Billion in Cash!!! The whole market cap is only $195 Billion. Take a second to think about that before you sell.
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$BABA Thank you to the sellers out there. Appreciate the opportunity to buy more before this spikes into the green today. Earnings and growth is still fantastic. Financials are too strong backstopped by massive buyback. Valuation is too cheap. I bought long and didn’t mess with options so however long it takes is fine with me.
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$BABA don’t understand people selling or shorting this. Playing with extreme fire. $10 in earnings a year, 195B market cap and $25B in buybacks. Trading at P/E of 11 even before buybacks. Dominant position in the market. Strong growth prospects. What are you thinking?
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