Alibaba IPO...

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  • Vaughany
    SBR Aristocracy
    • 03-07-10
    • 45563

    #1
    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!
  • Ralphie Halves
    SBR MVP
    • 12-13-09
    • 4507

    #2
    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.
    Comment
    • brooks85
      SBR Aristocracy
      • 01-05-09
      • 44709

      #3
      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.
      Comment
      • I/O
        SBR Hall of Famer
        • 05-26-11
        • 7922

        #4
        Originally posted by Ralphie Halves
        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.
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82841

          #5
          Not my favorite. I will wait and buy the dips.
          Comment
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