Are you going in on Alibaba?

coinrollhunter · September 8, 2014 9:34PM

Those who follow the markets have seen the pops in GPRO and LOCO the first couple weeks...even those who couldn't get in before the first trade on the NYSE saw their money multiply if they bought in on the first day-GPRO continues to surge. We all remember what happened with FB when it went public...the drop...and now the big run up-it is making investors so much money. What do you guys think about this IPO scheduled for 9/17? I predict the stock goes up around 50% within the first 2 weeks. I just don't know if I have the guts to get in on a Chinese e commerce play...that seems like the epitome of a frothy stock...but you can't argue with their growth and profit margins if you have been following this thing. I get paid on Friday, so at around 2 pm that day I will have almost 400 dollars sitting in my scottrade account...I was going to buy 2 shares of LMT. I bought 7 shares of XLV in August. With the conflicts in the middle east, why can't a blue chip defense contractor run up even higher? Anyone looking at LMT's chart could say "you missed out...where is the upside?"...and there have been stocks like that where I told myself that, then continued to follow them, and they continued to surge.

derryb · September 8, 2014 9:59PM

barring no unexpected market declines beforehand, the upcoming IPO BABA should initially be an easy money maker.

Edited to add: but only if you get in early.

s4ny · September 8, 2014 10:32PM

I plan to participate in the offering, but only at the IPO price. Filing range is $60 - 66 and over 320 million shares.

No way such a large offering will be like GPRO or LOCO.

BABA is closer to FB, which would have been an OK deal
if FB had not raised the price and the number of shares offered.

jmski52 · September 8, 2014 10:33PM

How many underwriters will be selling shares?

DrBuster · September 8, 2014 11:14PM

If I were playing I would, this is probably a sure thing.

bestmr · September 8, 2014 11:45PM

It seems like a quick play for some money but idk, the whole making fake coins just leaves a really bad taste in my mouth.

jmski52 · September 9, 2014 12:05AM

It seems like a quick play for some money but idk, the whole making fake coins just leaves a really bad taste in my mouth.

These are the same guys? They fake more than just coins, I think. The question becomes, "how are they being allowed to sell a stock offering in the US?"

Corruption all across the board. Plan accordingly.

mariner67 · September 9, 2014 12:13AM

I like LMT and have owned it for a while.
Current 1 yr return of almost 46% with a yield of 3.2%.
P/E however now getting up there.
I agree that a big, secretive in many ways, defense contractor is a good play.
I think Alibaba will soar for a long time.
It is/will become the world's eBay/Amazon combo site.
Then again, anything could happen, JMHO.
Best of luck!

BAJJERFAN · September 9, 2014 12:17AM

<< It seems like a quick play for some money but idk, the whole making fake coins just leaves a really bad taste in my mouth. >>

As a stockholder you can voice your concerns at the shareholders' meeting, but good luck getting any change. I think I'll be in.

cohodk · September 9, 2014 1:01AM

BAJJERFAN · September 9, 2014 1:02AM

<< no >>

y knot?

bronco2078 · September 9, 2014 1:14AM

I think this is the business model of the future. Peer to peer manufacturing is something to pay attention to. If you could be sure that the quality was there the idea of being able to directly negotiate with a factory for 1000 widgets with no middleman is pretty amazing.

Fake coins and poison baby food etc are issues but if you could trust the product it would be a game changer .

s4ny · September 9, 2014 1:39AM

I am looking forward to BABA trading on Fri Sep 19. I expect to get an allocation of BABA shares at the IPO price
and will sell most of them the first day of trading. Maybe 1 in 50 times I buy more shares in the open market but this
will not be the case with BABA.

I flipped 90% of FB and TWTR the first trading day. Allocations on GPRO and LOCO were much smaller as these were very
small deals. I kept them for 2-3 days and then sold. Both will be back with follow on offerings, perhaps by
year end.

BAJJERFAN · September 9, 2014 1:42AM

If I get shares from my broker's allocation he will be most unhappy if I flip them and I will be on his poop list.

BAJJERFAN · September 18, 2014 11:17AM

I wonder if Kevin Lipton hired any actors to storm Wall Street tomorrow to drum up some excitement for the Alibaba IPO.

rawteam1 · September 18, 2014 12:16PM

As a "stockholder" in alibaba, u have no say...
Better odds at blackjack...
Interesting most if not all who buy it, know zero what they are buying...

bronco2078 · September 18, 2014 12:16PM

<< I wonder if Kevin Lipton hired any actors to storm Wall Street tomorrow to drum up some excitement for the Alibaba IPO. >>

yesterday kevin accidentally listed rolls of 2014 silver eagles for $108 , so far I haven't gotten a tracking number or a refund either

BAJJERFAN · September 18, 2014 1:44PM

<< 

<< I wonder if Kevin Lipton hired any actors to storm Wall Street tomorrow to drum up some excitement for the Alibaba IPO. >>

yesterday kevin accidentally listed rolls of 2014 silver eagles for $108 , so far I haven't gotten a tracking number or a refund either

>>

Is he working for Silvertowne now? What do you suppose he intended to sell hem for?

rawteam1 · September 18, 2014 2:38PM

$108 for one ase....

bronco2078 · September 18, 2014 9:59PM

I thought he was Silvertowne ???? Anyway I hit the daily deals button the other day and it popped up. 1 Roll 2014 ASE's $108.20 free shipping , I bought one but I'm not optimistic it will appear in my mailbox

As an ebay seller I've learned to use the "MARKDOWN MANAGER" very carefully . It appears as though they attempted to do a 15% off deal and did a 15% on by mistake. They sold about 200 at that price it looked like.

BAJJERFAN · September 18, 2014 10:01PM

<< I thought he was Silvertowne ???? Anyway I hit the daily deals button the other day and it popped up. 1 Roll 2014 ASE's $108.20 free shipping , I bought one but I'm not optimistic it will appear in my mailbox

As an ebay seller I've learned to use the "MARKDOWN MANAGER" very carefully . It appears as though they attempted to do a 15% off deal and did a 15% on by mistake. They sold about 200 at that price it looked like. >>

KL is not Silvertowne, but he did go into cahoots a bit with them on the gold Kennedy coins.

bluelobster · September 18, 2014 11:44PM

It could be a good flip, but not a real investment because you only own a surrogate investment that Jack Ma can take what he wants when he wants.
The business model is very good as are the margins, but for anyone with experience in the way Chinese stocks operate, there is one major take away: CAVEAT EMPTOR!

BAJJERFAN · September 18, 2014 11:48PM

<< It could be a good flip, but not a real investment because you only own a surrogate investment that Jack Ma can take what he wants when he wants.
The business model is very good as are the margins, but for anyone with experience in the way Chinese stocks operate, there is one major take away: CAVEAT EMPTOR! >>

That's pretty much true about all business with the Chinese. I can't begin to think about how much cheap chemical product from China that my former employer used to dispose of.

bluelobster · September 19, 2014 12:12AM

looks like 80-83, first indication. Timing very good for this IPO, but hearkens some bad mojo, imo.

s4ny · September 19, 2014 1:08AM

I got some BABA at 68 and have orders in to sell 2/3 of the position.
Open at 88...88.80...88.88?

I eat a lot of rice to get these eggrolls.

Indication 89-91 now.

derryb · September 19, 2014 1:17AM

I'm not planning on holding very long

bluelobster · September 19, 2014 1:20AM

90-91, now. My guess is this thing comes a lot closer to opening at the HOD vs LOD

MGLICKER · September 19, 2014 1:49AM

When Facebook went public, the underwriters were required to support the stock at the IPO price on the opening day.

That will probably not be necessary here, but anything is possible. Wonder if the same requirement applys to the underwriters here?

TwoSides2aCoin · September 19, 2014 2:38AM

Went with GPRO after careful consideration regarding photos on the move.

guitarwes · September 19, 2014 2:49AM

<< Went with GPRO after careful consideration regarding photos on the move. >>

A short?

derryb · September 19, 2014 8:33AM

I expect the 40 thieves to soon surface.

TwoSides2aCoin · September 19, 2014 8:53AM

<< 

<< Went with GPRO after careful consideration regarding photos on the move. >>

A short? >>

That's what a friend said to do, but I don't know how to play the puts and calls and so I'm an investor in companies that I believe in for the LONG RUN. I think BABA is one of them, but it's just not a bone I wish to gnaw on at this point with what little I have in the market.

derryb · September 19, 2014 8:58AM

Sad to say, but if Alibaba is the new business model, US GDP (and it jobs) are in serious trouble.

coinkat · September 19, 2014 9:02AM

Icollecteverything · September 19, 2014 9:58AM

I changed my mind this morning and decided to give it a shot. Had an order all set up and wife waiting to push the button.

As soon as it opened I told her to hit it and ran in to see the price which was $93.70 already! I had seen it go up to 93 something but then go back down to a low 92 number in the first couple microseconds. I told her not to confirm it and then we sweated it out as we watched it rocket to $99.

Then it dropped like a rock back down to 92 and I never bought any. Gonna watch for a week or month or so and decide then.

derryb · September 19, 2014 2:56PM

Alibaba accounts for almost 80 per cent of Chinese e-commerce volume. Investors correctly see it as a way to profit from China's growing middle class. Expansion to other markets is only icing on the cake. If its business model continues unchanged it should be an excellent long term investment. I expect it to easily hit $250 within 12 months. I'm gonna hold my stake and see what develops.

johnny9434 · September 20, 2014 1:36AM

<< no >>

and no

piecesofme · September 20, 2014 1:57AM

People who are buying into this company that promotes the selling of fake metals should have extremely bad things happen to them and their families. You, in effect are promoting the sales of fake metals. Karma is a b*tch, remember that.

bestmr · September 20, 2014 3:02AM

“Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies and cuts through to the essence of the evolutionary spirit.” Gordon Gekko “Wall Street”

Seemed appropriate.

PerryHall · September 20, 2014 3:04AM

<< People who are buying into this company that promotes the selling of fake metals should have extremely bad things happen to them and their families. You, in effect are promoting the sales of fake metals. Karma is a b*tch, remember that. >>

But....But.....This is one of the few venues where an investor can buy ASE's at well below melt.

renman95 · September 20, 2014 3:06AM

<< “Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies and cuts through to the essence of the evolutionary spirit.” Gordon Gekko “Wall Street”

Seemed appropriate. >>

I love how this quote was delivered in the movie.

TwoSides2aCoin · September 20, 2014 4:26AM

<< 

<< People who are buying into this company that promotes the selling of fake metals should have extremely bad things happen to them and their families. You, in effect are promoting the sales of fake metals. Karma is a b*tch, remember that. >>

But....But.....This is one of the few venues where an investor can buy ASE's at well below melt.

>>

Perry Hall, that is ONE of your best "punch in the gut " posts ever.

Kudos for putting it so bluntly. I'll never begrudge a man for making money,… unless he is stealing it by representing it to be worth it's weight/ intrinsically speaking
Now about that 1995 W ASE .. I shudder to think…

Icollecteverything · September 21, 2014 12:22AM

<< People who are buying into this company that promotes the selling of fake metals should have extremely bad things happen to them and their families. You, in effect are promoting the sales of fake metals. Karma is a b*tch, remember that. >>

Hopefully you are being a bit dramatic with your wish that "extremely bad things happen to them" AND their families too? Do you wish the same thing for people that buy ebay stock or use ebay? How about tobacco stocks? Or oil, chemical, military or auto stocks? Those companies have caused deaths and/or pollute our planet, surely that is worse than selling something fake. Hopefully you don't own any mutual funds because they will includes some "bad' companies.

Besides, Alibaba's business plan is not to sell fakes, it provides a platform for millions of sellers to sell their goods. I saw Jack Ma say that they are working to eliminate all counterfeits on the site.

Jeesh, karma is a weird belief if you want it to go after their families too.

rawteam1 · September 21, 2014 12:27AM

<< People who are buying into this company that promotes the selling of fake metals should have extremely bad things happen to them and their families. You, in effect are promoting the sales of fake metals. Karma is a b*tch, remember that. >>

U should really seek some professional counseling...

piecesofme · September 21, 2014 12:34AM

No, I meant exactly waht I said Iceverything. Don't get off the subject, we're talking about metals on this metals forum. Your reasoning of buying the stock in that fraudulent company disgusts me.
How ironic that people (not necessarily you) bityching about them being a site that allows and blatantly promotes the selling of counterfeit items are the very people justifying (to themselves so they can live with themself I suppose) to buy the stock, and then try to justify it by saying, "I don't plan on holding it too long." Like that somehow diminishes the fraud they are participating in.

U should really seek some professional counseling...

Likewise, you just want to be on the contararian of everything rt1. It gets old quick.

Icollecteverything · September 21, 2014 3:31AM

<< No, I meant exactly waht I said Iceverything. Don't get off the subject, we're talking about metals on this metals forum. Your reasoning of buying the stock in that fraudulent company disgusts me.
How ironic that people (not necessarily you) bityching about them being a site that allows and blatantly promotes the selling of counterfeit items are the very people justifying (to themselves so they can live with themself I suppose) to buy the stock, and then try to justify it by saying, "I don't plan on holding it too long." Like that somehow diminishes the fraud they are participating in.

U should really seek some professional counseling...

Likewise, you just want to be on the contararian of everything rt1. It gets old quick. >>

Okay, you prove to me that they have never kicked anyone off the site for selling counterfeits and don't offer mandatory refunds to anyone who unknowingly buys a fake, then I will not buy any of their stock.

Think of it this way: If you organized a neighborhood garage sale and you took $20 from each participant to advertise the sale, should you have a problem if one of the other vendors sells a fake? Should you go to jail?

I just think it's a little creepy that you say that the families of anyone that buys the stock should have extremely bad things happen to them also.

rawteam1 · September 21, 2014 3:47AM

Beware the leaven of the Pharisee ...

PerryHall · September 21, 2014 5:08AM

<< 

<< No, I meant exactly waht I said Iceverything. Don't get off the subject, we're talking about metals on this metals forum. Your reasoning of buying the stock in that fraudulent company disgusts me.
How ironic that people (not necessarily you) bityching about them being a site that allows and blatantly promotes the selling of counterfeit items are the very people justifying (to themselves so they can live with themself I suppose) to buy the stock, and then try to justify it by saying, "I don't plan on holding it too long." Like that somehow diminishes the fraud they are participating in.

U should really seek some professional counseling...

Likewise, you just want to be on the contararian of everything rt1. It gets old quick. >>

Okay, you prove to me that they have never kicked anyone off the site for selling counterfeits and don't offer mandatory refunds to anyone who unknowingly buys a fake, then I will not buy any of their stock.

Think of it this way: If you organized a neighborhood garage sale and you took $20 from each participant to advertise the sale, should you have a problem if one of the other vendors sells a fake? Should you go to jail?

I just think it's a little creepy that you say that the families of anyone that buys the stock should have extremely bad things happen to them also. >>

It's common knowledge that Alibaba is a major conduit for selling Chinese counterfeit goods (not just coins) into the USA so I wouldn't want any part of this criminal enterprise.

derryb · September 21, 2014 5:09AM

Speaking of fraud, how's that abuse of Paypal gift payments working out?

rawteam1 · September 21, 2014 9:35AM

<< Speaking of fraud, how's that abuse of Paypal gift payments working out? >>

Does this mean that POM should not do business with POM or some demise may come his way???

piecesofme · September 21, 2014 10:11AM

azzwholes, complete azzwholes. I've offered regular PP for over a year now. Funny how buyers still want to pay using PPG even when I offer regular.

Are you going in on Alibaba?

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