Agricultural Bank of China $32B IPO = greatest bubble?

Discussion in 'Stocks' started by crgarcia, Jul 7, 2010.

  1. First, they are only selling 15% stake, so you can't control anything.
    Second, they are full of crappy loans

    All bubbles bust
    The bigger they are, the larger they fall
  2. S2007S


    China is one big bubble, once that deflates the entire global economy is going to feel it.
  3. $32 bn is enough of capital buffer to bolster a worse than worse case scenario.
  4. Those $32B are really worth 1/10 = $3.2B
    Soon or late market will realize fair value.