Tag: pier 1 import


Alibaba Stock Price May Drop For 90% In July

In the end of May I called Alibaba (NYSE:BABA) stocks the best investment on the declining market; however, today I am talking about the probability that their price falls for 90%. I have not changed my mind about the company and insist on their stocks being one of the best possible assets for investment, which seems even more so after the recent events on the market. But first of all I would like to speak about certain actions of companies on the exchange market which cause significant rises as well as falls of stock prices. In other words, we are going to talk about the stock split.