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re: Alibaba IPO
Posted on 9/18/14 at 5:29 pm to Dodd
Posted on 9/18/14 at 5:29 pm to Dodd
I doubt I will ever hold this stock long term, and I purposely use the word stock and not company. But its not just that shareholders have no power but the fact that China could just take over the company at a whim discourages me.
1
Posted on 9/18/14 at 9:36 pm to reb13
I moved a bit into soft bank to see if I could steal a few. Not sure I could even get into the alibaba. I think the smart play is give slibaba a month or two to settle....the big guys might buy a shitload on the run up and then dump for a quick $$$ and leave people hanging a bit
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