The decline of Alibaba to $35 a share continues. If you are still holding this bloated pig of fantasy, there's time to get out before you lose another $45 a share of your hard earned money. The parallels of the 1999-2000 tech bubble to the same over-blown, non-substantive, debt ridden, no profit companies in China is stunning. Right there in front of everyone's eyes...right out in plain sight and like then, no one believes what is happening. BABA will decline to $30 a share near the bottom of the coming super crash and then bounce back a bit to $35 where it will remain mired for years trading in that $32 to $40 range...where it belongs BTW. It is NOT the Amazon.com of China....just one of hundreds of dot com online markets that will eventually become a steady earner but will never be more than a niche player.
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