Comment on 'Fast Money' Recap: Is Alibaba a Sell After Single's Day?

'Fast Money' Recap: Is Alibaba a Sell After Single's Day?

NEW YORK (TheStreet) -- Alibaba is expected to bring in revenues of $8 billion on China's Single's Day. But since so many investors are expecting great things from the company, does it make this a sell-the-news situation? "No, absolutely not," Tim Seymour, managing partner of Triogem Asset Management, said on Monday's CNBC episode of "Fast Money." This is a "monstrous event" and Alibaba is likely to exceed expectations, he said.

 

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