$BABA $SFTBY is the best choice for an investor. You get BABA and $S and other promising companies with a DISCOUNT
It’s hard to find too many BABA bears on Twitter and StockTwits. There are some professional investors who are looking to shy away though. And that might be the right call.
Related: 5 risks for investors buying Alibaba shares
It’s worth remembering that the last IPO that was this hyped — Facebook (FB) — was a dud on its first day of trading. And despite lower expectations, Twitter actually surged 73% on its first day.
One StockTwits user expressed concern about the lack of any negativity heading into Alibaba’s big day.
$BABA There are far too many people going into BABA tomorrow. I was incredibly excited but now i’m just worried.
Of course, Facebook has more than bounced back from its lackluster debut and a couple of rough months immediately after the IPO. The stock has more than doubled from its offering price and Facebook is now worth $200 billion.
So don’t judge whether or not Alibaba is a success or a dud on how it does Friday. It’s what Alibaba does over the long haul that matters, and there is reason to believe that the company has a bright future ahead of it.
$YHOO $BABA is a real co with 15-yr track record of real growth and profits. This isn’t a fly-by-night “gambling” scam, lol.
Reader Comment of the Week! I had a lot of fun on Wednesday covering the Federal Reserve’s statement/dot plot/exit strategy/Yellen press conference. It was my first time reporting from the Fed building in DC.
I was a little bummed though that I did not get to ask Yellen a question during the press conference despite repeatedly thrusting my hand upwards like Hermione Granger in Professor Snape’s potions class.
Maybe the Fed will indulge me at the next presser in December. Until then, my Reader Comment of the Week goes out to the follower who I think suggested the best question for Yellen. I would have asked it.
@LaMonicaBuzz Why is CPI less than 1% ? when Food items, Tuition, Medical Insurance, Phone RENT up 10%+. Electric Bill 20%+ #NoInflation
— G Hawkins (@FilmProfessor9) September 17, 2014
Great point. To clarify, I assume you mean monthly CPI less than 1%? It was actually down in August but up 1.7% over past 12 months. But your point is well taken. We may not see classic, textbook inflation in the form of wage growth or sharply higher prices for some common consumer goods.
But many people are struggling to keep up with the mounting costs for vital services like health care and education. I’d love to find out if Yellen thinks there is a better real-world metric to gauge inflation than CPI.
