1. #1
    Vaughany
    Jibbbeh is my idol.
    Vaughany's Avatar Become A Pro!
    Join Date: 03-07-10
    Posts: 45,563
    Betpoints: 8647

    Alibaba IPO...

    Any traders/investors here? Anybody looking to buy in to Alibaba whose IPO is imminent?
    Steve Stevens told me it's an absolute blow-out winner!

  2. #2
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,502
    Betpoints: 15060

    A few things to be cautious about.

    - Alibaba is like 80% of the Chinese market right now. It can only go down from there as more competition enters

    - IPOs have gotten crushed this year.

  3. #3
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    I'm ready for the IPO, let's go. I'm buying in after the next drop in the market which should be very soon since we are at all time highs.

  4. #4
    I/O
    I/O's Avatar Become A Pro!
    Join Date: 05-26-11
    Posts: 7,922

    Quote Originally Posted by Ralphie Halves View Post
    A few things to be cautious about.

    - Alibaba is like 80% of the Chinese market right now. It can only go down from there as more competition enters

    - IPOs have gotten crushed this year.


    Just heard the same listening to Kudlow this past weekend.

  5. #5
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,188
    Betpoints: 316

    Not my favorite. I will wait and buy the dips.

Top