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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (70744)	7/25/2022 11:46:28 PM
From: Madharry	1 Recommendation Recommended By Lance Bredvold Respond to of 78958

alibaba is up over 5% in hong kong on news that it is applying for primary listing in hongkong . this will enable chinese investors to buy alibaba stock directly. should be interesting to see us market reaction tomorrow. I have not done much trading lately. no new stocks. despite losing money on ally i really like it. I heard today that us production of cars ran about 4 miilion short in 2021. as more production comes on line I expect to see a lot more financing for ally and a lot more car advertising. as i posted on another thread inflation for me seems more pronounced in restaurants than supermarkets. my favorite lunch special has gone from $9.99 pre covid to $10.99 during covid and then to $11.99 and today I saw the new lunch menu- $13.49. I dont expect that price to come down as they were too busy to pick up the phone. i had to walk in to place the order. I figure the raw cost of their ingredients is $3.00 plus packaging costs plus labor.which may cost them $2 more than before.