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Aliba IPO

ZCP

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This is where I would have paid the $4 for a 'how to get in on the alibaba ipo' ebook. Looks like this is going to be massive.
 

MattCour

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They're giving the company a $155 Bil valuation which is pretty insane. Facebook was valued at 100 Bil when they went public. Alibaba does almost $10 Bil in revenue though. I'm excited to see how this turns out!

I'm in the financial industry and have been chatting w clients about this the last few days.
 

AubreyJ

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I personally don't invest in a stock when there is hype/excitement surrounding it- I've done it before and it has never worked out well for me. For me, Alibaba has too much hype.
 
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D

DeletedUser394

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Not much to add, other than Jack Ma is one interesting fellow.

jack-ma-rock-star-90818249.jpg


When I buy, I hold for the long term, so IPOs I'm not crazy about unless I intend to keep it around.
 

LOYD

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Looks like the IPO opened up at $92.70/share.

wee-bey.gif


I'm shocked to be honest. Maybe them being public now will force them to clean up and get rid of all the counterfeiters and wholesalers pretending to be manufacturers.
 

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