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re: Alibaba IPO

Posted on 9/19/14 at 8:54 am to
Posted by Lsut81
Member since Jun 2005
80383 posts
Posted on 9/19/14 at 8:54 am to
quote:

I put an order in for a small amount but I doubt it gets filled.


I know for a fact that yours won't get filled at the IPO price, those shares go to the brokerage houses best customers. So people that have millions upon millions invested with them.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 9/19/14 at 8:56 am to
quote:

know for a fact that yours won't get filled at the IPO price, those shares go to the brokerage houses best customers. So people that have millions upon millions invested with them.


Yeah, why I bumped it up a little bit. I still doubt it gets filled. If it doesn't, may wait for some selling and get in on a dip. Usually just buy and hold but feel like getting in on some action today. And hell, if I do get in and it keeps dropping, may turn into a buy and hold for me.
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