Got AliBaba?

Alibaba.com

Well it is officially out.
And if you are among the smart nasty ones that have already invested on Alibab's stock sold on the first day, you already have earned about 40% in only days....

Now what the heck is Alibaba??
It is said to be a single company doing what a dozen of USA companies are currently doing including ebay, Amazon, Paypal, groupon etc. but then are you ready to order your 7D II or soon to show up 5D mkIV on ALIBABA?

This is all I need to know about Alibaba: http://www.alibaba.com …gh-quality_166378203.html

Craign wrote in post #17167775
This is all I need to know about Alibaba: http://www.alibaba.com …gh-quality_166378203.html

likewise. thanks for the informative post.

steve67 wrote in post #17168842

daleg wrote in post #17168739
likewise. thanks for the informative post.

Craign wrote in post #17167775
This is all I need to know about Alibaba: http://www.alibaba.com …gh-quality_166378203.html

Real Money won't lie!

LINK

If AliBaba's stock on day one was introduced at under $70 and by day end it reaches close to $100, that is a mere rise of 38 % only on day one, then there must be something beyond "Rolexable" that we don't understand in this side of water.

My only regret is why I didn't have 2,640,000 $ cash to invest on it so that at the end of one day, after an initial day buy, and end day sale, I would have had 1 million dollar extra profit in my pocket....
All my problems/poorness sufferings is because of not having enough cash!!

But on the serious side, once market is opened on Monday and then the next days and months that follows will tell us if history is to be repeated again. I still vividly remember the day Google was introduced at $70 and I was telling everyone to buy it...

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By all accounts, it's pretty crude today... but it's the commerce of the future.

Seriously, Alibaba has more sales than Amazon and Ebay 'COMBINED'!!

http://www.theverge.co​m …ales-than-amazon-and-ebay

It opened for the public at 91ish. It was 68 to a select few investors. As soon as it was available for us to buy, it was 91. I was watching it all morning the day it was public

Living in WA I am unable to purchase anything from Alibaba.

Alibaba does not carry their own physical inventory of products. They're not like Adorama or B&H. They're the middle man between the buyers and sellers who takes a cut from each sale and charges a fee to advertise.

Jimmer411 wrote in post #17170311
Living in WA I am unable to purchase anything from Alibaba.

You need Ali Express: http://www.aliexpress.​com …MCk96DB9cACFagf​wwod9o4AjA

samsen wrote in post #17169129
My only regret is why I didn't have 2,640,000 $ cash to invest on it so that at the end of one day, after an initial day buy, and end day sale, I would have had 1 million dollar extra profit in my pocket....
All my problems/poorness sufferings is because of not having enough cash!!

I don't think you understand how IPO's work. Unless you were connected, you only made a couple bucks per share.

moose10101 wrote in post #17171319
I don't think you understand how IPO's work. Unless you were connected, you only made a couple bucks per share.

..or you lost a couple of bucks after today.

Yep only the institutional investors made the big money.

moose10101 wrote in post #17171319
I don't think you understand how IPO's work. Unless you were connected, you only made a couple bucks per share.

There were also 35 underwriters. And, Big Money did not get all the shares they wanted while receiving only a partial fill. Big Money will manipulate the heck out this stock, shaking out as many weak hands as possible just to get those shares too.

AliExpress website looks almost exactly like eBay's layout.

ADR representing shares of a shell company that funnels the alibaba parent company profits, on top of a murky corporate structure, with a board made up of government cronies, with questionable chinese security laws?

where do i sign up?

i think it will have a steady decline to the IPO price. of 360 million ADR shares (after greenshoe), first day volume was over 200mm shares. when most of the float trades, whatever excess demand there was gets soaked up.

the bulls make money, the bears make money, but the pigs get slaughtered.

The Daily Show was all over this tonight. Can't link to it right now because it just aired. That should be a must see before one invests any money.