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law87
09-06-2014, 07:22 PM
anyone wanna buy this when it come out on monday?

burrocrat
09-06-2014, 07:52 PM
ultimately i think i would be better off buying into a jewish ponzi scheme in new york than a chinese digital capital network in bejing. i can't even pronounce remnibi.

alevin
09-06-2014, 09:05 PM
ultimately i think i would be better off buying into a jewish ponzi scheme in new york than a chinese digital capital network in bejing. i can't even pronounce remnibi.

Maybe so, maybe so. Us little people rarely do well with IPOs anyway, all the big boys already got in beforehand, and IPO prices usually take a dive immediately post-IPO and don't come back up for awhile. As far as that complicated foreigner currency word, b, spelling it a little differently would likely help with the pronunciation. :)

burrocrat
09-06-2014, 10:41 PM
yuan. there, is that better?

don't forget that alibaba is an online shopping, trading/banking, payment network. all digitally based out of china, one of the world's foremost transparent capitalist markets, right? and it's named for a famous arabian knights story, alibaba and the 40 thieves.

the sarcasm and setup of the con is almost too hard to resist. you stick your money/digital credits in that one and they will at some point disappear.

MrJohnRoss
09-10-2014, 02:24 PM
This is actually one IPO that I'm looking forward to. Gonna get me some BABA, baby, and I ain't talkin' 'bout no black sheep.

GUCHI
09-17-2014, 08:18 PM
I'm think n bout some of dat myself. Hope it comes out in the mid 60s

tsptalk
09-17-2014, 09:01 PM
That would be nice. More likely $75-$85 for us peons.

dhstdog
09-18-2014, 12:02 AM
Search seeking alpha and find the US commission eport on Alibaba and the other VIEs offered. Scary stuff! I doubt it has any short term issues but long time investing in any of these VIEs is down right scary!

rktect1
09-18-2014, 02:07 PM
when I am thinking about biting on this one. Is there a specific time?

weatherweenie
09-18-2014, 05:42 PM
Not that any regular investor will get BABA at $68, but, Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday.

tsptalk
09-18-2014, 05:51 PM
It would be nice if we get a Facebook-like reaction and it sells off initially... but I don't think this one will do that. It is very popular but not quite as hyped as Facebook's IPO a couple of years ago.

If I can get it for less than $75 I will jump in. No real fundamental reason. I just hate to over pay for anything. :)

weatherweenie
09-19-2014, 06:50 AM
How is Alibaba allowed to be publicly traded with this kind of business going on, on their sites?
Alibaba has a major counterfeit problem - Sep. 11, 2014 (http://money.cnn.com/2014/09/11/technology/alibaba-counterfeit-ipo/index.html)

k0nkuzh0n
09-19-2014, 07:27 AM
How is Alibaba allowed to be publicly traded with this kind of business going on, on their sites?
Alibaba has a major counterfeit problem - Sep. 11, 2014 (http://money.cnn.com/2014/09/11/technology/alibaba-counterfeit-ipo/index.html)

eBay is publicly traded

weatherweenie
09-19-2014, 07:28 AM
eBay is publicly traded

eBay doesn't have nearly the counterfeit problem that Alibaba and it's associated sites have.

tsptalk
09-19-2014, 08:52 AM
I have my limit order in near $75, but I doubt it will be hit.

I am bidding in bitcoins. :D (not really)

tsptalk
09-19-2014, 09:07 AM
Early indication is $80 - $83.

weatherweenie
09-19-2014, 09:27 AM
Alibaba now indicated $82-85/share, seeing more sellers over $90: NYSE

tsptalk
09-19-2014, 09:48 AM
$86 - $88 now. Sigh.

Well, if it sees any 7 handle today I may have to get in. Probably more likely to hit $100 before $75. Let's go volatility!

weatherweenie
09-19-2014, 10:28 AM
NYSE exec: Alibaba likely to open within or close to range of $91-92

tsptalk
09-19-2014, 10:41 AM
Boy... if there are shares available to short...

The valuation is getting a little crazy. Buy at $79, sell short at $100? Maybe. (trades of course not investments).

tsptalk
09-19-2014, 11:03 AM
Hit 99.70 and pulled back. No shares available to short on Scottrade.

rktect1
09-19-2014, 11:16 AM
Someone is going to be fleeced on this one.