Wednesday, September 24, 2014

ALIBABA IPO - truth

Price of IPO of ALIBABA is currently 87,75 USD (24.9.2014). After IPO, when a planned price was growing from 63 to 68 and an investor could buy it, in the end for the price of 99,04 USD. I am almost sure, that no one trying to jump in on Friday could get price much better than 99. And the fall to 92 is confirming, that all banks were jumping in to fix their profits. Therefore this investment in comparison to other IPO's I did make research did not allow small investors to earn a lot. And this is a bad news for many of them.

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