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re: Alibaba IPO

Posted on 9/19/14 at 11:03 am to
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23485 posts
Posted on 9/19/14 at 11:03 am to
institutions yesterday bought at 68. They can sell to you today at 100$
40 % profit per share for the privileged few.
Posted by Lsut81
Member since Jun 2005
80247 posts
Posted on 9/19/14 at 11:06 am to
Back down to opening price... Lots of people took quick profits
Posted by reb13
Member since May 2010
10905 posts
Posted on 9/19/14 at 2:29 pm to
quote:

institutions yesterday bought at 68. They can sell to you today at 100$
40 % profit per share for the privileged few.




Not 100% true.
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