Alibaba IPO $167.6 Billion US.

[ZenOps]

http://www.forbes.com/sites/ryanmac/2014/09/18/alibaba-prices-shares-at-68-as-it-gears-up-for-the-largest-us-ipo-ever/

Any Ballers going to put in a penny?

I've always found Alibaba to be the one place where you can get nearly any manufactured or raw material you could ever need - at least one ton at a time.

IE: Ton of beanie babies? No problem. Ton of Ruthenium, no problem.

Side note: Has China won the dollar game?

[Thaco]

that's crazy, i buy all kinds of junk from them... most turns out, but still a lot of BS on there, luckily their escrow is pretty reliable.

[BavarianBeast]

i'll be trading it today.

should be interesting to watch.

[schocker]

Wow, started with $60k in 1999 :eek:

[BavarianBeast]

managed to get filled @ $90. Sitting at $94 right now.

[bigbadboss101]

What about the 68 IPO price? Insiders?

[Thaco]

Originally posted by bigbadboss101
What about the 68 IPO price? Insiders? they gave a bunch to staff, then the rest is insiders, when they opened they had practically nothing to offer publicly.

[eglove]

That was an estimation

[BavarianBeast]

162M shares traded in 2.5 hours..

That's more than 13 billion bucks exchanging hands.

[phreezee]

Down to $87, what's a good price to pick it up?

[BavarianBeast]

No idea. I sold all my shares on Friday, probably wont try to trade it again for a few months.