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Alibaba IPO

  • 16-09-2014 3:20pm
    #1
    Mickey Dazzler
    Closed Accounts Posts: 586 ✭✭✭


    So Alibaba is set to float this week.

    Is anybody thinking of getting in on the action?

    I think I'll have a punt.


Comments

  • #2
    RobertKK
    Registered Users, Registered Users 2 Posts: 33,761 ✭✭✭✭RobertKK


    I bought some Yahoo last week as a play for the IPO.

    I don't know about BABA itself, the shares don't give you direct ownership in Alibaba.
    http://www.forbes.com/sites/investor/2014/09/15/four-reasons-to-avoid-the-alibaba-ipo/


  • #3
    arrowloopboy
    Registered Users, Registered Users 2 Posts: 1,154 ✭✭✭arrowloopboy


    RobertKK wrote: »
    I bought some Yahoo last week as a play for the IPO.

    I don't know about BABA itself, the shares don't give you direct ownership in Alibaba.
    http://www.forbes.com/sites/investor/2014/09/15/four-reasons-to-avoid-the-alibaba-ipo/

    A spread bet might be the way to go if you looking for short term exposure ,Ig index are offering positions at the mo on the grey market .ive enough irons in the fire at the minute , still might have a flutter :) , I'll c later in week .


  • #4
    RobertKK
    Registered Users, Registered Users 2 Posts: 33,761 ✭✭✭✭RobertKK


    Expected to open today anywhere from $84 to $87.

    IPO priced at $68.


  • #5
    simongurnick
    Registered Users, Registered Users 2 Posts: 1,919 ✭✭✭simongurnick


    huge trading in this today. I wouldn't be getting in at the 90's. MIght see a correction in three days when trades settle and the shorts come in.


  • #6
    dealhunter1985
    Registered Users, Registered Users 2 Posts: 523 ✭✭✭dealhunter1985


    simongurnick wrote: »
    huge trading in this today. I wouldn't be getting in at the 90's. MIght see a correction in three days when trades settle and the shorts come in.


    Anyone know when shorting becomes allowed on Alibaba?


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  • #7
    arrowloopboy
    Registered Users, Registered Users 2 Posts: 1,154 ✭✭✭arrowloopboy


    dealhunter1985 wrote: »
    Anyone know when shorting becomes allowed on Alibaba?

    From the second they floated via a spread bet .


  • #8
    simongurnick
    Registered Users, Registered Users 2 Posts: 1,919 ✭✭✭simongurnick


    dealhunter1985 wrote: »
    Anyone know when shorting becomes allowed on Alibaba?

    Regular" shorting can technically occur first day, but most will occur after the three days of settlement on Wednesday. Firms are only supposed to allow shorting on fully settled securities, but they have a few ways to circumvent that.


  • #9
    dealhunter1985
    Registered Users, Registered Users 2 Posts: 523 ✭✭✭dealhunter1985


    simongurnick wrote: »
    Regular" shorting can technically occur first day, but most will occur after the three days of settlement on Wednesday. Firms are only supposed to allow shorting on fully settled securities, but they have a few ways to circumvent that.

    thanks!


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