Alibaba - anyone jumping in?

Folster

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You'd probably be smart to wait until after the dumb money pours in from the secondary market. The smart money will dump it at a premium and buy it back at a discount once it falls.

Yahoo could be a safer way play it with their 40% percent stake in BABA. It's already up 28% since mid July which is likely anticipation of the IPO. So you could argue it's largely priced in already.
 

Folster

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Yeah and I smell Facebook IPO all over again.

It seems as if institutions and money managers are frothing for this IPO vs FB where it captured the imagination of individual investors who were trying to catch a ride on the next GOOG. I expect it to shoot up, but IPO's are such a crap shoot. The big potential in China is something to consider. I was watching CNBC this morning and they were talking about the company's structure with partnership and Chinese laws will give shareholders very little power.
 

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