Tag: Alibaba

Alibaba, Twitter and Facebook Oh My!

“Hot” IPOs like Alibaba, Twitter and Facebook are usually very emotional, much anticipated and huge financial media events. ¬†As I have discussed over and over, emotion in investing can have a very detrimental impact on your portfolio! I went back and found similar, much anticipated, “hot” IPOs to show you what transpired over the coming few months. The results should not be surprising. Twitter really bucked the trend over the past few years. While it initially dropped 20% from its […]   Read More
Date: September 24, 2014

Alibaba… No Bubble to Me

With the Fed meeting, press conference and Scotland out of the way, markets turned to Alibaba’s initial public offering (IPO) to close a very busy week last Friday. Looking at possibly a record $20+ billion IPO, the money had to come from somewhere. And judging by tech stocks behavior over the prior week or so, it certainly looked like institutional investors were paring back holdings to pay for Alibaba. The hugely anticipated IPO priced at $68 and promptly opened at […]   Read More
Date: September 23, 2014