Alibaba stock is off 10% since I wrote those words with $400 looking less likely by the day, and while I haven’t given up on Jack Ma, the concerns brought up recently by my InvestorPlace colleague James Brumley along with Seeking Alpha contributor Rohit Chhatwal has me considering alternative investment options than Alibaba. Brumley’s Apr. 20 article discussed how Alibaba’s competitors are partnering up to better understand the consumer so they can take market share from Jack Ma. …read more
Source:: Yahoo Finance
