$Baba (Alibaba) went almost $100 per share with a mkt cap of $ way over 200 billion, in par with that of GE and more than that of IBM. No one let Jack Ma through the door 15 years ago because at that time he was a nobody. Well, the only positive thing I could think about it among all the buzz it a reminder that the most promising part of Alibaba's business is its online payment platform. The success of Alibaba's IPO really highlights the importance of payment system, no matter in wireless, online or mobile and various platforms are all have to converge in front of your eyes or already been done.
$WMHI is into mobile payment systems. Waiting for next news release. Float still at 1.7 million shares.
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