Softbank

Old man is selling a winner to buy a loser :slight_smile:

Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares

SoftBank’s market cap is about $82 billion, though its Alibaba shares alone are worth about $128 billion.

It means other assets of SoftBank is less than zero, live with reality!
Make Yahoo! under Mayer with a slightly higher market cap than its holding in BABA look good.

1 Like

Market is valuing Softbank stock correctly. It’s worth less than its holding in BABA because investors know Son is spending like a drunken sailor.