Alibaba, Alibaba make me a millionaire

Discussion in 'Trading' started by chrismontez, Nov 5, 2007.

  1. 50, 000 shares at the open, any price.
  2. the pre-listed (grey market) closing price for alibaba here in Hong Kong is HK$25.30, a rise of 87% from the listed price
  3. Actually I'm just joking around. But it probably is a good play at the open at any price since it is going to attract all the momentum players. Even LULU went off at 100% over the IPO and from there went up another 250%.
  4. i'll wait for a pullback (if there's one) before buying, imho