Anyone interested in the Alibaba IPO and thoughts about where that stock might be going when it becomes public?
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Thoughts on Alibaba IPO
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Well don't they sell/advertise counterfeited goods which break US laws? They have a good basis in China as lots of US companies are banned (Paypal, etc) so the potential for growth is there. Though if US stuff is banned why are we letting them go public here?
I think the IPO will do very well - at least at the beginning. I'll be watching from the outside looking in.
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