Finally, Alibaba files for US I.P.O.
Judging by the number of investment banks jostling like kids in a lolly shop to get a piece of the action,
the size of this IPO has a potential to match Facebook's $17B.
But unlike FB, Alibaba is already making money with annual sales now reaching $1B and increasing.
Analysts estimates the whole Alibaba group could be worth $100B to $200B.
For those who are savvy enough to make a quick buck, I think the way to play this is with the Big Boyz.
The game is Pump-n-Dump. This is how IPOs are traded these days, especially if there is a huge amount of hype
involved prior. Just make sure to quickly bail out when the "Dump" starts to happen.
(Disclaimer: The above statements are only market views of the author and does not in any way constitute