Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Alibaba Prices at $68, largest IPO ever - begins tomorrow
Jack Ma is becoming some sort of celebrity. It's hard to say if this is a huge hit or the biggest Roman candle to hit the markets. IMHO, this is hype with the media churning out news on everything Alibaba.
Hey Ted, give me the line on whether it halves or doubles. Frankly I see a Facebook here in terms of pricing and the real story might be what Yahoo is able to do in selling their shares.
Comments
Yes it is going to be interesting.