BABA Bear

Published on
September 14th, 2018
Duration
17 minutes

BABA Bear

Trade Ideas ·
Featuring Jeremy Shoykhet

Published on: September 14th, 2018 • Duration: 17 minutes

Jeremy Shoykhet likes betting against the Chinese tech behemoth. In this interview with Brian Price, Jeremy unveils his short thesis and reveals just how low he sees Alibaba falling. Filmed on September 12, 2018.

Comments

  • PC
    Peter C.
    17 September 2018 @ 21:07
    Great job Brian. Loved the way you frame questions.
  • sB
    sylvain B.
    17 September 2018 @ 09:33
    there is a big gap that begs to be filled at 125$. chart does look ugly and margin are under pressure. At 10.5X sales there is no margin for error. Took profit at 181 and do no plan to go back in around current price
  • YW
    Yowshi W.
    17 September 2018 @ 00:58
    Too long
  • BS
    Benjamin S.
    16 September 2018 @ 19:35
    Good enough to suggest to retail investors as a trade, but not one that he has put on himself...
  • EF
    Eric F.
    16 September 2018 @ 14:32
    Gotta say, like the way Brian asks the right questions and repeats / summarises salient points.
  • jl
    jay l.
    16 September 2018 @ 07:35
    jack ma been talking about removing him self from ali for years. nothing new, this was one of his long turn goals. alibaba hema supermarket is what amazon been dreaming of doing. they are 3 to 6 year ahead of the game. https://www.youtube.com/watch?v=uEbYNJZ9iJ4
  • RM
    Russell M.
    15 September 2018 @ 19:54
    My only comment is he says consider going short at current levels but he isn't short or pulling the trigger next day or waiting for a specific price set up. If I understood him, he was saying consider short before the catalyst of the investor day, not see what they say. Yet he didn't do it, and he is a trader. So what then? A musing without the conviction to go?
  • FH
    Franz-Xaver H.
    15 September 2018 @ 18:08
    Reasons for the short well explained. Another possibility would be to short the bounces after "good news" if you get the chance. In a downtrend of a big stock like BABA spikes up will hardly hold.
  • gb
    g b.
    15 September 2018 @ 11:45
    How about its recent deals/agreements with Russia, Africa, Southeast Asia? Don't they show long-term growth?
  • RO
    Robert O.
    15 September 2018 @ 04:22
    Would the Chinese government want one of its marquee international companies take a very public beating in a US stock market? Consider the possibility that the Chinese government monitors the short interest in BABA and when the shorts have piled in then the government unleashes a group of buy programs to squeeze the shorts. After the run up back to $200 then the message: "Don't underestimate the strength of China or one of its growing companies" will be quite clear.
  • SD
    Sebastien D.
    14 September 2018 @ 21:21
    Thank you Jeremy, thank you Brian, I will not take position but the argument is interesting
    • EF
      Eric F.
      16 September 2018 @ 23:26
      Just look at the data direct from the source. I’ve seen where the same targets were achieved exactly month after month. It’s so blatant a copy & paste it is almost laughable. Yup, the US is not above manipulating figures but bending the truth and breaking it are two different things.
  • BP
    Bryce P.
    14 September 2018 @ 14:50
    Why is it that everyone always acts like Chinese companies and gov are the only ones who lie about numbers? Seriously as if the US tells the truth on anything.
    • BP
      Brian P. | Real Vision
      14 September 2018 @ 16:06
      Not discounting that, but I think there's a case to be made about how China is in a class of its own when it comes to consistently presenting questionable data to the global community.
    • my
      markettaker y.
      15 September 2018 @ 03:42
      seriously? Who is making that claim?
  • SJ
    Stefan J.
    14 September 2018 @ 11:29
    Good interview, I really appreciate how this guy has clearly studied the company and the macro dynamics related to the institution. I also enjoyed his previous short idea on BHF which gave me the idea to be short my self. My only concern with BABA is that it is some what of a cult stock like FB or AMAZON .etc thanks
    • DL
      Dan L.
      14 September 2018 @ 14:33
      I’m with you there - Alibaba will probably ride whichever direction the industry wave rolls til the clock runs out.