Lots of shares are not restricted for BABA, so if someone like Japanese Limp Bank or Yahoo would like to sell their shares the stock might get down to 80s. I am not holding my breath though. China and India are two countries that are barely penetrated by consumer internet service, I see BABA growing very large in the next decade.
I took profit on NOK just to go into BABA, I don't think I am alone. Good stocks are being sold just to free up cash.