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$26 is coming. Year end selling is taking a toll.
History does repeat itself. After announcing the 2nd qtr earnings (beat by 0.01), the stock crashed to $26. This time around, after the third qtr earnings (again beat by 0.01), it collapsed to $28+. All these crashes point to the incompetent CEO Qui and he should take fully responsibility and resign. I expect it to go down below $26 sometimes next week. Happy Turkey Day for all.
BZUN is now @ 35.98. I am making $3 today. Whatta move!
Expect explosive move come Monday. Friday's closing pps is $39.94. Chinese 11.11 shopping spree breaks all record. BZUN is one of the boats that will benefit by a rising tide. Good luck.
Now down $3.4. Baby, the stock must fall.......
Sweet dreams are made out of this....Good luck
Management sees slow rev. growth dead ahead that would make SHOP a NOT-PRICED-Perfect stock. Only complete fools want to hang onto this declining POS.
Today Cramer pumped on CNBC Mad Money: "Baozun is a great hold."
History says whenever Cramer pumps, the pps will jump 1-2 points. We shall see.
This is stunning read.......
https://news.vice.com/story/understanding-shopifys-business-model
Come Monday, there will be another blood bath for SHOP....
http://www.stockhouse.com/companies/bullboard?symbol=t.shop&postid=26813011
It was sensationalized "pumping" that landed Tobias in hot water. Did you see these pumps in FB, You Tube, financial papers, Twitter and other social media. All well documented! In summary, it has been cooked and the FTC fine will come that send the pps to under $50.
Now up 5%. It is taking off....
IMHO, this Administration is not kind to foreign manipulators, especially the ultra liberal ones. Please keep in mind that there are 5 or six ambulance-chasing law firms in the wing and they often trade notes.
IMHO, the FTC will fine SHOP for reckless pumping and misrepresenting the merchant counts. I guess $250MM is a minimum amount to start. Good luck to all.
Cramer mentioned BZUN favorably in Mad Money today....
Double bottom? No way. Wait until either SEC of FTC squeezes the so-called management pumpers, SHOP will dive to $50 or lower. Those who still own SHOP are lunatics with suicidal complex.
What bounce? After a major collapse, a dead cat bounce is expected. But SHOP fails to even muster a small bounce and this denotes extreme weakness. Maybe this is due to the lack of transparency of this surf-board company that has built itself into the hottest stock in Canada. Or maybe investors think that after these 5 or six law firms have finished their legal thingies, there ain't much left for this iffy company. Some left over surf boards? Maybe....
It was a miss. I got the news from CNBC and TD Ameritrade the day the news broke and sold pronto. Thus far, BZUN has not completely recovered the price suffered from the miss. Just can't argue with the bloody tape.
But BZUN missed last qtr earnings (by 1 cent) and is still in correction of this misstep. What makes you think that they will NOT miss this time around?
The brightest red flag that I see in SHOP is the so-called 500,000 partners. I called IR and some friends who work for the company and the answers that I received were standard canned stuff. Until I receive some clarifications about their partners, I will stay away from this bubble, very similar to the Nortel one a coupla years ago.
Yes, I was bullish before I became frustrated about their 500,000 partners. I've received no info from the company regarding the number and believe the company is hiding something from me. I started selling BEFORE the Citron story broke. They are in deep trouble now and our SEC and FTC have no love for these hot-shot Canadians. Sell now before it hits $40!
What happened to the 500,000 so-called partners? No 2-bits analysts want to touch this topic. If you can explain this myth, go ahead an enlighten me. Thanks in advance. It has the look and feel of a 500,000 scam.
Take your money and run. As long as Tobias fails to explain the 500,000 partners, it smells like a rotten rat. I am afraid this liberal Canadian has pulled a fast one on us.
Confirmed the ending of the short term correction. Price target $36 was reached today with ease. It rocket 9.89% or $3.24 in a single day. Now the massive shorts are scared sheetless!
Short term correction is over. Next stop is $36. Good luck
Now $32.65 and rising. There must be news underground. Please keep your ears onto da floor!
My short term target is $40+. I hope no one wants to buy it out and I am tracking greedy Alibaba CEO's moves.
My near term target is $150+. Overvalue or no overvalue....
I am enjoying the ride since $60 when I felt it was an overpriced turkey. And I love turkey.....
New high is made today @ $112.80. Overbought? Yes. But I can't argue with da price....
Good news!
BZ: Baozun Shares Move ~$0.10 Higher Over Last Min. As Traders Circulate Word Citi Initiated Coverage With Buy Rating, $38 Target
Just hit $110, my humble objective. The momentum alone will take it to $150, my not-so-humble objective. Good luck to all.
My objective od $110 is within reach tomorrow. It will be broken to the upside. Not if but when..... Chuckling all the way to da banks.
The all time high of $106.90 will be erased today. This is a guarantee from the one who invested in SHOP at the $60+. Easy call!
My next objective is $110. I have resisted all my profit-taking urge since it was at $60+. Whew, what a ride!
I know I know. Same crooked Cramer pumped on 6/6. SHOP corrected because the pumping came after an extended rise with RSI=70+. But this time around, the pump occurred AFTER an extended consolidation with RSI=51+. Will it correct? Sure it will, but the odds favor continuing rise. Today BZUN, an obscured Chinese e-commerce also-run outfit, rose 12% in one single day. Go figure.
Cramer pumped SHOP today on Mad Money. Good luck.
My next buying point is $15.75. It will come sooner than you thunk.
Stunning move! Already $104 PM. Wow! My outsiders info is deadly. It is very difficult to hide all these good news. The vendors know. EBAY knows, and AMZN knows. FB and SHOP is a perfect fit...
SHOP will roar tomorrow after earning release. I have enough outsiders info to justify my call. $100 is no resistance at all.
Fake news again by the pumping Swiss.
AP states "The Geneva-based company said it had profit of 17 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.
Shipment to US DECLINES 7%"