Daniel Zng

I have begun a new short on $baba Small position. I believe the Chinese market is overvalued.

$mstr is a dead cow. $coin looks way better. Heck even $btc is a better buy than $mstr

$90 puts for $baba is a fun gamble. I’m saying it’s fun. So let’s try. We might see it soon. $baba is not dropping today but it’ll have another leg down. Anyway let’s buy $coin and $ceg. And see $baba bulls die

@TheLongInvest Looks like a good short

$BABA Analyst PT’s this morning Jefferies PT $212 Mizuho PT $195 Barclays PT $190 Baird PT $164 Current price is $125

Last chance to sell at 120s $baba

@RyeNotBerben Fantastic analysis

You know times are tough when $baba can't get close to numbers with fake accounting fully deployed.

@novocainer @EquityBrian If ww3 happens we’re all dead anyway nobody cares about the stock price

@EquityBrian @ZngDaniel What about the oil price? What about the higher chances of WW3?

Last chance to sell at 130s. Baba is obviously forming a double top today. Short $baba long $ceg

@AJButton2 While they’re selling. We change to short $baba

Bank of America maintains its $BABA price target at $180. They thought the acceleration in the cloud segment more than offset the headline numbers missing estimates.

$baba had a revenue growth of 2% how wonderful. $tcehy did 19% and crashed 7% in the Hong Kong markets. If $baba did not subsidise food delivery, which they’re stopping Taobao tmall would see negative growth. Bearish, with extreme conviction. Just puts

@EquityBrian Just sell man. And we look at $ceg okay

Capitulation

This earnings is such a shit show. If you don’t buy puts you’re silly $baba

Many ask me what is $baba new low. I say $109 seems good. But we take some profits today

Covering my short and options on $baba today. Thanks for joining the party

@EquityBrian Have u sold

@ZngDaniel But why…? What causes flush? Genuinely curious what you think causes this

$baba reports earnings in 3 hours. Expect a swift move to the downside.

$btc is recovering. I’m long.

$COIN still one of the highest beta names out there. If crypto holds, this continues higher. Dips have been getting bought so trend still intact.

@EquityBrian Structure’s breaking down and longs aren’t fully wiped yet. One more flush to clear positioning before a reversal makes sense

$CEG quietly one of the strongest names on the board. Dips getting bought every time. Still long.

@EquityBrian I’m expecting one more flush down before any real bounce. I’m up enough that I’m fine sitting through a reversal anyway.

@ZngDaniel Why do you have so much confidence in more downside…? Earnings would have to be a disaster