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re: Alibaba IPO

Posted on 9/18/14 at 10:32 am to
Posted by Shepherd88
Member since Dec 2013
4596 posts
Posted on 9/18/14 at 10:32 am to
quote:

how about making a market value trade?


That's risky business on an IPO.
Posted by jondavid11
benton,la
Member since Aug 2007
1152 posts
Posted on 9/18/14 at 10:53 am to
My thought was that I was willing to pay at least 20% on the opening, but anything over that I just wanted see how see how it was going. The market trade could get me a price way above 20% on the open. It's a weird situation too because there are about 1/3 of insider shares that don't have a lockup period that could cash out on day one which could be crazy on things. I gotta think more about things too.

Like I said, I'm not flipping and in for long rin anyway.
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