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re: Alibaba IPO

Posted on 9/16/14 at 7:29 pm to
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 9/16/14 at 7:29 pm to
Anybody else put in for shares?
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 9/16/14 at 7:37 pm to
They raised the pricing range to 66-68 FYI

I think 90ish is fair for trading to start.

I'd be skeptical at that price, China and Jack Ma are SHADY as shite....

Corporate governance is a joke... They have spent shareholder cash on a pro soccer team and siphoned off assets into subsidiaries solely controlled by Ma.
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