Alibaba ipo

[lalalalalala]

Cimb bid 84 ask 87

 

[XiiaoJinx]

NYSE: 87-89

No obvious end to price discovery as of yet.

I'm out of this IPO.. 87 is too hot for me to handle. Good luck guys.

 

[wahkao3]

where u all get to see quote? I also want to see quote

 

[archcherub]

wah liew eh!! $87 $88 liao!!

simi sai!!

now i dunno whether to buy and hold!



having said that, baidu rose 354% on IPO Day....

 

[wondrdoggie]

where u all get to see quote? I also want to see quote

Turn on to cnbc. Still got 30mins before trading... I think will open at 90

 

[wahkao3]

knn i cant see any quote on stand chart leh

 

[Beepok]

havent open yet right?

 

[archcherub]

havent open yet right?

yeah the price now is pre-released price, can see on some brokerage.
on my IB platform, i see it just moved to $88 now.

 

[XiiaoJinx]

Relax guys, the stock will not float unless the sellers and buyers find a good price equilibrium, there is no fixed time limit for that.

EDIT: 89-91

 

[wondrdoggie]

Even at $100, PE of 32 is not overpriced. Cheap compared to FB at 83x, Amazon is 854x, Netflix is 137x. Google is 30x though.

 

[Beepok]

What time open?

 

[crystalnox]

knn i cant see any quote on stand chart leh

Firstly scb trading is always slow, even for sgx. Secondly, it hasn't started trading la. https://www.nyse.com/bell

 

[Beepok]

OE still indicate $68, will it be too risky if i set market value order 150x?

 

[archcherub]

Even at $100, PE of 32 is not overpriced. Cheap compared to FB at 83x, Amazon is 854x, Netflix is 137x. Google is 30x though.

oooo.. im not planning to buy if its above $88.
but ur homework making me... interested again

What time open?

haven't opened, no one knows what time it opens till the exchange settled the correct price where seller and buyers match and can open at the market price...

 

[Beepok]

oooo.. im not planning to buy if its above $88.
but ur homework making me... interested again



haven't opened, no one knows what time it opens till the exchange settled the correct price where seller and buyers match and can open at the market price...

sian thought est 1130 maybe cannot, dont wanna wait leh got appointment later, dunno if it will be too risky settle market orders and let the system auto buy in

 

[Beepok]

btw bloomberg update 20-30min open. Get ready guys

 

[XiiaoJinx]

Update: 90-91 open... this is it.

 

[archcherub]

btw bloomberg update 20-30min open. Get ready guys

thanks for update!
holding rifles now!

 

[xtwis7]

Bloomberg can't see quote also.

 

[SpeedingBullet]

narrowed to $1, narrow further then can burst liao