### Comment:
What about BABA? Just a crapshoot?

### REPLY:
Yeah I'd avoid unless you have some strong conviction (aka insider info) that the China deal is finalized or if you think there'll be no deal. 
  
 Disregarding the China deal, the most it can go up without some game-changing news is $173. But it can also come down harder than that, to the 150s level. I'd make a play closer to 7/21 as we get closer to ChiNasdaq.

### END.