Quote:
Originally Posted by NemesisX
How does everyone feel about alibaba? I missed the boat on twitter and go pro. The hype surrounding alibaba seems to be even greater. I'm tempted to gamble a substantial amount on alibaba but I'd like to hear some thoughts first.
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320m shares will be available upon hitting the secondary market.
At least there are less probability that specialist/MM's hiking the damn price to 90/sr on open.
My wife is willing to only bet 200-500shares (depends on opening price upon hitting the 2nd mkt). I would rather bet on RAD at 5.00-5.10.
We are too heavy on other stocks as is.
Everytime I see "IBs, insides, and initial investors are selling, street buys" kinda makes it less attractive to IPO. BTW, i was all over IPOs during 1999-2000.