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Ali Baba IPO

Entoptic said:
Sadly no.



Oh god the pocket bike craze was a good one for me. I bought those damn things a sea crate at a time for $90.00 and sold them for 170.00+ at the flea market. The bikes themselves were POS and needed serious work if you wanted to ride it more then 10 times. I think the worst part about the whole thing was that folks bought them thinking it was a toy and get very upset with me when they realized it needed to be maintained which most of them had no clue on how to do. I got out because I had so many people threaten to beat the shit outta me for selling them a bad product when they were the ones that didn't read the manual. I had one guy attempt to sue me because he wheelied it off a curb and forgot to lock tight the wheel screws down which on impact bounced the front tire off the bike. They guy was covered in rug burn and I laughed which probably didn't help.

The process with Ali Baba was so damn easy and their webiste was very smooth. The whole process was like ordering stuff on Amazon but in Costco sizes.



Haven't you learned a damned thing? Speculation baby! I see GoPros all over the place and I can't get away from their advertising which means investors can't as well. Hype, buy, stock goes up, sell!
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Good PB story! I like your style....you got hustle.

I think, besides the ride the hype wave, you nailed it ..if you're going to speculate, do it on something that's filling your world that you just KNOW is going to go...then when the magic wears off, dump the POS before everyone else who was in the same boat. I had it with Chipotle...had one of their burritos, looked around at their marketing, and KNEW it was going to run...
the product itself is almost the last thing to be considered, tho GoPro, not MY idea of a good investment, you might be running on a confirmation bias, has become, it seem, as much a part of new rider gear as boots, and gloves..meh.

Enterprise will get you further than gambling. Look where the guy who invented the dropped ceiling lived...:afm199
JMHO
 
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Dubbington said:
Ballpark on the ipo price the public can get in on for Alibaba?
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the public doesn't get in on the IPO price, unless you are someone who probably has better thing$ to do than post on barf. but you never know.

My ballpark entry point from this thread only, so far, would be $25. might have to wait for it for a minute..let the swelling come down.
A corollary question would be how high do you think the PPS will go, over what time frame?
 
channelcat said:
the public doesn't get in on the IPO price, unless you are someone who probably has better thing$ to do than post on barf. but you never know.

My ballpark entry point from this thread only, so far, would be $25. might have to wait for it for a minute..let the swelling come down.
A corollary question would be how high do you think the PPS will go, over what time frame?
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Hmm....are you offering Alibaba stock for $25 a share? :dunno Or just saying that you wouldnt pay more than $25 a share? Thats exactly what I was asking, what the public will be able to get in at on the day of the IPO?
 
not sure, but I think the actual IPO gets snapped up in quantity by the big guys pre-market who want the hot new item and will hold it for a long time. that demand gets filled, and at 9AM IPO day a bunch of retail investors, thats you and me, will pay whatever they have to get the hot new item, even if they can't necessarily afford to. Once the hysteria dies down, and buyers aren't banging the door down for shares, the price drops, and thats when you wait and pick up your shares.

$31 IPO and $25 good entry point are completely talking out of the side of my neck.

Alibaba is huge. its probably a great investment, but in my limited experience, I have never seen an IPO that came out of the gate, and went straight to the moon.
I think someone on this board said current earnings yield $13.50 a share. If thats true, a $31 IPO anticipates more than twice their current earnings.
How they gonna do it?:flag
 
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channelcat said:
.....but in my limited experience, I have never seen an IPO that came out of the gate, and went straight to the moon
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Chipotle ipo $22, doubled the 1st day. Currently at $600+

not the moon, but certainly leo(low earth orbit)
 
jafo said:
Chipotle ipo $22, doubled the 1st day. Currently at $600+

not the moon, but certainly leo(low earth orbit)
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I would wonder what the lowest price those shares were available for three months after the IPO.
I'm not going to rant about the 650 shares of Chipotle I bought at $25 and sold at $31.

Chipotle was an actual IPO, introducing a new, tactically designed product and marketing strategy to a previously unserved consumer. It was cool.
Alibaba is a whole 'nother cat...
Why are they going public?
 
channelcat said:
Why are they going public?
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That's the question I always ask

Sometimes it's because they've given stock to 501 people and are being forced to, but companies tend to not get backed in the corner on that one.

So why are they trying to raise capital right now? Especially since they appeared to be cash positive (they bought back half the shares that yahoo had purchased for $7.B)
 
they bought back half the shares that yahoo had purchased for $7.B)
what shares? on what exchange? I don't expect answers..but these are good questions.

yeeah....someones going to make
millions overnight on this deal. I KNOW its not going to be me...

I don't know if it's relevant, but earnings estimates for NMM, for example, are down for the second quarter of '14. They are dry goods shippers, ok, but people have to eat before they buy gee gaws, sooo...

I am going to take the side of my neck out on a limb here, and say there MAY be a correlation between the Baltic Dry Index and the actual vitality of "The Global Economy".

I might pick up a little after the swelling goes down, but this is flying in the dark for me, not an automatic I know this is going go. interesting thread, tho.

GL:ride
 
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channelcat said:
they bought back half the shares that yahoo had purchased for $7.B)
what shares? on what exchange? I don't expect answers..but these are good questions.
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it's a private company, shares don't have to be sold on any market for that matter.

Yahoo had purchased 40% of Alibaba which equated to $1B dollars, thus valuing the company at $2.5B...

Then Alibaba bought back 50% of that for $7.5B thus valuing the company at $37.5B. (Yahoo retained 20% of the company)

How many shares that equals is irrelevant as it's not publicly traded. Maybe there were only 10 shares available maybe it's 10M shares. :dunno but it is indeed irrelevant to this discussion.

Now if you want to discuss dilution and it's affects on share value at bell - thats a whole different conversation.
 
you are saying there are shares, thats how current ownership is divvied up, but not publically traded?

I don't know what the SEC would say about it, but perhaps those existing shares will be one class, or convert to preferred, and the post IPO common would be another. one possibility..doesn't the Chinese govt have a piece of it?
 
channelcat said:
you are saying there are shares, thats how current ownership is divvied up, but not publically traded?
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absolutely. it is often easiest when starting up a company that has multiple owners/investors to divvy the company up by creating an initial pool of shares.

I currently own shares in a few companies that are not publicly traded. The SEC/IRS is completely aware of it. Nothing weird about it at all.

EDIT: I will add that I can't really do anything with the shares until the company has gone public. They have fror and other limitations put on them.
 
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