Alibaba float signals the 2014 top in Asia and USA

convexx

convexx

Sep19 in US. Asia will have already topped; US may have by then, but that's the date... Jack Ma is a POS charlatan and Alibaba is the WCOM of China. Purchase accounting fraud ready to blow.
 
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Man, CNBC just can't shut up about Alibaba. They sound like a bunch of schoolgirls gushing over Justin Bieber or whoever the pretty-boy flavor of the month is. Completely ridiculous.
 
Shanghai is down >1.5% on the first trading day after the BABA float. This vaguely reminds me of the Trump LBO attempt with United Airlines.

Has anyone here actually gone to BABA's site? A bunch of knockoff shit and contact info for Asian corps?

This is the cyclical top. Within a few %.
 
"What Are Investors Buying Into?
People think they are buying shares in Alibaba China. But actually, while Jack Ma and partners are putting $20 billion into their pockets today from the IPO, the investors are actually getting pieces of paper in Alibaba Holdings Cayman Islands, a so-called VIE (variable interest entity)."

Nice thread :)
 
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