Alibaba IPO--Anyone In?

Discussion in 'The Bar' started by Divorce Chicken, Sep 19, 2014.

  1. Divorce Chicken

    Divorce Chicken Turn me loose VIP

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    $21.8 billion IPO. Can't decide how to play this one...

    Alibaba Group Holding Ltd. baba +36.56% Alibaba Group Holding Ltd. ADS U.S.: NYSE $92.86 +24.86+36.56% Sep 19, 2014 2:10 pm Volume (Delayed 15m) : 218.25M P/E Ratio 32.68 Market Cap $167.62 Billion Dividend Yield N/A Rev. per Employee $388,547 100806010a11a12p1p2p3p 09/19/14 U.S. Stocks Turn Mixed 09/19/14 Alibaba Shares Trade Higher in... 09/19/14 Live Blogging Alibaba's Big De... More quote details and news ยป baba in Your Value Your Change Short position 's shares priced Thursday at $68 apiece, putting the Chinese company on track for an initial public offering that will raise at least $21.8 billion.
    The price was at the top of the company's expected range of $66 to $68, which was increased from an initial $60 to $66.

    http://online.wsj.com/articles/alibabas-ipo-priced-at-68-a-share-1411075675
     
  2. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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  3. Lennie

    Lennie Butthult

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    what did it open at?
     
  4. nextlevel

    nextlevel You're so amazing

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    i really want to pull the trigger, but its kinda high right now
     
  5. Mack

    Mack Well-Known Member 2010 OG VIP

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    I think it was at $68 a share this morning.
     
  6. Hateman

    Hateman Well-Known Member Banned User

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    Fuck the Asian market!

    USA all the way!
     
  7. Mack

    Mack Well-Known Member 2010 OG VIP

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    If I had more liquidity I'd have been in at $68... at least for a couple of hours.
     
  8. basketcase

    basketcase Pissed that Naz only has 2 legs

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    Damn It's at $92.41
     
  9. Mack

    Mack Well-Known Member 2010 OG VIP

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    My main issue with it is that's it's basically a subsidiary of the Chinese government.

    That kind of skeeves me out.
     
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  10. basketcase

    basketcase Pissed that Naz only has 2 legs

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    Makes me feel like a trader
     
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  11. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    :facepalm:
     
  12. basketcase

    basketcase Pissed that Naz only has 2 legs

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    Get it? :rofl:
     
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  13. DogStar69

    DogStar69 Dawg Shed Artist 2010 OG VIP

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    The deal sets the stage for the shares to begin trading Friday on the New York Stock Exchange, under the ticker symbol BABA

    Bababooey Bababooey.
     
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  14. Lennie

    Lennie Butthult

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  15. Mack

    Mack Well-Known Member 2010 OG VIP

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    :jj: I got it. :dontknow:
     
  16. YoYoMama

    YoYoMama Member Banned User

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    Jack Ma is my house boy. Is that "in" enough for you?
     
  17. Lennie

    Lennie Butthult

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    sorry, someone had to
     
  18. Gomez

    Gomez VIP Extreme Gold

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    chink ebay
     
  19. Hateman

    Hateman Well-Known Member Banned User

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    :lmao:
     
  20. larryluncg

    larryluncg Birthdays were the worst days VIP Gold

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    put the gun down
     
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