sam.psihoyos
New member
Opens around $68 at 9:30 eastern tomorrow. Will instantly be much higher
13137773:theabortionator said:$3.50
13137890:theBearJew said:Gonna spike at the open, then tank. Thats my thoughts. Much like Facebook. There is alot of speculation out there about BABA. Should be fun to watch.
13137913:DERS. said:difference is facebook didnt really have a long term business model at the time of the IPO. Alibaba is already a pretty established corporation, just the us market knows very little about them. still even if you bought facebook at the ipo price of ~40/share, right now its at $77/share and rising. soo, even if it spikes initially the precedent says it'l bounce back. but its comparing apples and oranges..
13137914:Bakerpow said:or buy stock in yahoo
13138479:KravtZ said:My problem with it is that I don't know a single person who goes to shop there and most people don't even know what they are. Seems like an insanely overhyped company. That being said..buying a couple thousand of it. If it follows facebook's path i'll buy more when shares tank.
13138479:KravtZ said:My problem with it is that I don't know a single person who goes to shop there and most people don't even know what they are.
13138479:KravtZ said:My problem with it is that I don't know a single person who goes to shop there and most people don't even know what they are. Seems like an insanely overhyped company. That being said..buying a couple thousand of it. If it follows facebook's path i'll buy more when shares tank.
13138408:--ski-- said:I haven't checked my bebo stock in a while. Wonder how that's going...
13138924:Scaredwhiteboy said:^ wow, you guys downvoted me just for being rich? That's so petty.
13137913:DERS. said:difference is facebook didnt really have a long term business model at the time of the IPO. Alibaba is already a pretty established corporation, just the us market knows very little about them. still even if you bought facebook at the ipo price of ~40/share, right now its at $77/share and rising. soo, even if it spikes initially the precedent says it'l bounce back. but its comparing apples and oranges..
13139426:zzzskizzz said:no the problem with facebook is they put out way too many shares. if they cut their share amount in half the price wouldn't have tanked.
13139856:TheBigApple said:If they did that then they would have lost half of their profits! It's a company not a charity. Their IPO was very well executed in terms of share price. They maximized their profit and sold to a bunch of retail investors who subsequently tanked the stock in panic.