While that's all true, I believe $GRPN finally became profitable in 2015. They just had to lose several billion to get there :) So it could be a good time for $BABA to invest. Can any one else confirm those numbers? Maybe the author, @[Jack Turner](user:24829) knows.
I went from being a huge fan of $BABA to having serious doubts. But this is an interesting investment. I'll have to let it percolate a bit. I'm still not sure if this is a wise investment on their parts, though I suppose they have money to spare.
Alibaba Is Up Big. Will Gains Continue?
While that's all true, I believe $GRPN finally became profitable in 2015. They just had to lose several billion to get there :) So it could be a good time for $BABA to invest. Can any one else confirm those numbers? Maybe the author, @[Jack Turner](user:24829) knows.
Alibaba Is Up Big. Will Gains Continue?
I like $BABA, but I'm not a fan of $GRPN and don't think the company will last.
Alibaba Is Up Big. Will Gains Continue?
I went from being a huge fan of $BABA to having serious doubts. But this is an interesting investment. I'll have to let it percolate a bit. I'm still not sure if this is a wise investment on their parts, though I suppose they have money to spare.
Spot The Bubble
So does this mean you are short $BABA?