Jack Ma: “That white American devil might be taller, but I’m now worth $17.43 billion.”
Administrator
Author
September 19, 2014 1:48 pm
No bubble here. It all makes perfect sense.
[img[/img]
Stucky
September 19, 2014 1:50 pm
Not a caption …. but the 5th guy from the left ….. that’s the longest thumb I’ve ever seen on a chink
Administrator
Author
September 19, 2014 1:53 pm
Stuck
That’s Jack Ma, the founder. You know what they say. Big thumb, Big ……….
Stucky
September 19, 2014 2:03 pm
“We stick thumb up our Alibaba asses. Thumb not brown. Thumb still no smell bad. You buy Alibaba stock. Stock no smell. No stinky stinky. We no lie to you. Now best time to buy.”
—– Alibaba PR spokesman
Dutchman
September 19, 2014 2:04 pm
They are playing the game of ‘Switch’.
How it’s played: You stick one thumb up your ass. The other in your mouth. When I say ‘Switch’ -you switch!
Stucky
September 19, 2014 2:16 pm
Alibaba is like ISIS to me ….. a month ago I never heard of the fuckers. I must be living in a cave.
So … a very quick search on the most important question ….. “How does Alibaba make money”. And up pops this;
“But where does the money come in? Well, not like eBay, where one is charged for listing something. Instead, Alibaba lets people list for free, but charges for advertising.”
Oh … OK … cuz that worked so great elsewhere? Then this; (emphasis mine)
“Online marketplaces use a metric called gross merchandise volume, and in Alibaba’s case, its most recent figure (accurate for the year to June 30 2014) was $296 billion, which, again, is more than Ebay and (we estimate) Amazon combined. But – and this is important – gross merchandise volume is not the same as income for the business itself, which is what should matter to shareholders. Alibaba’s revenue over the same period was $8.5 billion, compared to $74.5 billion for Amazon – scarcely even comparable. So no matter how big Alibaba is today, IT’S STILL THE POTENTIAL that investors have to be excited by.”
Fuck yeah! Potential!!!!! Sell the dream, baby!!!! Sell the bullshit, baby!!!! I’m gettin a woody just thinking about it.
Alibaba has opened and is trading right near $98/share.
This puts the company at a market valuation approximately equal to WalMart.
This is claimed to be “a titan of tech”, albeit in China.
Oh
I fully expect this stupidity will go on for a while, but the fact remains that it is stupid, and I don’t know when the crack-up will come but I am very sure it will.
The usual refrain will be that “Twitter is a bargain” compared to Alibaba, or similarly eBAY and on and on and on.
Oh please.
Tulips were great currency too – once. Then they were just pretty flowers, as they were before.
I’m not going anywhere near this piece of crap, but I sure do see the shoeshine indicator lighting up nice and bright in the drug-addled haze of Wall Street.
chelsee clitnon
September 19, 2014 4:46 pm
me chinese, me play joke
me put peepee in your coke.
me jewish, me too funny
me take all your fuckin’ money.
me chelsee, you not
me take everything you got.
me wall st. whore, me hike up skirt
me laugh when you lose your shirt.
ottomatik
September 19, 2014 6:21 pm
Is that a picture of our Colonizers with their western facilitator? If so…”Detroit!!!!”.
Stuck- Nice pick up on the thumb, you’ve good eyes for an old fuck.
Guess which one is the Jewish Banker.
Jack Ma: “That white American devil might be taller, but I’m now worth $17.43 billion.”
No bubble here. It all makes perfect sense.
[img[/img]
Not a caption …. but the 5th guy from the left ….. that’s the longest thumb I’ve ever seen on a chink
Stuck
That’s Jack Ma, the founder. You know what they say. Big thumb, Big ……….
“We stick thumb up our Alibaba asses. Thumb not brown. Thumb still no smell bad. You buy Alibaba stock. Stock no smell. No stinky stinky. We no lie to you. Now best time to buy.”
—– Alibaba PR spokesman
They are playing the game of ‘Switch’.
How it’s played: You stick one thumb up your ass. The other in your mouth. When I say ‘Switch’ -you switch!
Alibaba is like ISIS to me ….. a month ago I never heard of the fuckers. I must be living in a cave.
So … a very quick search on the most important question ….. “How does Alibaba make money”. And up pops this;
“But where does the money come in? Well, not like eBay, where one is charged for listing something. Instead, Alibaba lets people list for free, but charges for advertising.”
Oh … OK … cuz that worked so great elsewhere? Then this; (emphasis mine)
“Online marketplaces use a metric called gross merchandise volume, and in Alibaba’s case, its most recent figure (accurate for the year to June 30 2014) was $296 billion, which, again, is more than Ebay and (we estimate) Amazon combined. But – and this is important – gross merchandise volume is not the same as income for the business itself, which is what should matter to shareholders. Alibaba’s revenue over the same period was $8.5 billion, compared to $74.5 billion for Amazon – scarcely even comparable. So no matter how big Alibaba is today, IT’S STILL THE POTENTIAL that investors have to be excited by.”
Fuck yeah! Potential!!!!! Sell the dream, baby!!!! Sell the bullshit, baby!!!! I’m gettin a woody just thinking about it.
oops, link —– http://www.forbes.com/sites/chriswright/2014/09/16/so-what-exactly-is-alibaba/
Meet our new CEO, Mr. Ho Lee Fuk.
Chinese have small penises . Is it any wonder they go for all that aphrodisiac snake oil?
Maybe the women take aphrodisiacs to tell them their actually having sex, otherwise how would they tell ?
Tower of Alibabel
2014-09-19 11:00 by Karl Denninger
The Stupid Is Strong With You
Alibaba has opened and is trading right near $98/share.
This puts the company at a market valuation approximately equal to WalMart.
This is claimed to be “a titan of tech”, albeit in China.
Oh
I fully expect this stupidity will go on for a while, but the fact remains that it is stupid, and I don’t know when the crack-up will come but I am very sure it will.
The usual refrain will be that “Twitter is a bargain” compared to Alibaba, or similarly eBAY and on and on and on.
Oh please.
Tulips were great currency too – once. Then they were just pretty flowers, as they were before.
I’m not going anywhere near this piece of crap, but I sure do see the shoeshine indicator lighting up nice and bright in the drug-addled haze of Wall Street.
me chinese, me play joke
me put peepee in your coke.
me jewish, me too funny
me take all your fuckin’ money.
me chelsee, you not
me take everything you got.
me wall st. whore, me hike up skirt
me laugh when you lose your shirt.
Is that a picture of our Colonizers with their western facilitator? If so…”Detroit!!!!”.
Stuck- Nice pick up on the thumb, you’ve good eyes for an old fuck.
YUK FOO.