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re: Alibaba IPO

Posted on 9/19/14 at 8:31 am to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 9/19/14 at 8:31 am to
Random question, but who actually gets shares at $60-65? And is there some sort of regulations that restrict them from selling when it opens to the public?
Posted by Lsut81
Member since Jun 2005
80276 posts
Posted on 9/19/14 at 8:33 am to
Haven't kept with the whole Alibaba thing in depth, but it seems like a truly great story and it sounds like Jack Ma is a really good person. Plans on giving Billions to environmental protection and Billions to education.

Even let his customers ring the opening bell.


ETA: Just said his hero is Forrest Gump... This guy is awesome
This post was edited on 9/19/14 at 8:35 am
Posted by Lsut81
Member since Jun 2005
80276 posts
Posted on 9/19/14 at 8:49 am to
quote:

who actually gets shares at $60-65? And is there some sort of regulations that restrict them from selling when it opens to the public?



Im very interested in this as well... What is the full process for an IPO?


If I am correct, the brokerage houses that are chosen sell the stock to their customers at the 60-65 range
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