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Re: TRUISM post# 61

Wednesday, 08/20/2014 10:24:51 PM

Wednesday, August 20, 2014 10:24:51 PM

Post# of 8273
I think there is a IPO frenzy going on. Valuations and "priced in" have gone out the window, this will be worth what people are willing to pay for it....

It does not matter at what price BABA opens, it will definitely go up from there, how high is anyone's guess...

If BABA opens at $30 - $40 - $50 I expect it to pop at least 20 - 40%.

It really is up to the investor to determine how soon they want to get in, most IPOs with + 15% pops usually have retail chasers for a few days.. IMO

I plan to get in as early as I can and set appropriate limit price based on any research I find...

GLTA
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