Subject: Re: Big news for BABA
Results pretty good. I wonder if the drop is because of this. https://www.reuters.com/market...
"
Chinese billionaire Jack Ma's family trust is set to sell 10 million American Depository Shares of Alibaba Group Holdings (9988.HK), for about $871 million, the ecommerce company said in regulatory filings.

The sale will be done on Nov. 21...
"


Can't be helping, lol. But, while that seems like a lot of selling pressure, there are a bazillion of those shares out there trading every day and today alone volume was 62.9m shares. Granted that was the highest volume in the last 6 months, but it illustrates how 10m sold over a week isn't an overwhelming amount.