Alibaba and the forty thieves?
 

Chinese Alibaba raised 21.8 billion in US IPO.

Good showing for a company which is sometimes associated with counterfeits.

http://finance.yahoo.com/news/alibab...061204744.html

Sounds like the roaring '20s all over again.

Yet another "middleman" in global commerce.
WSJ also thinks Alibaba setup is problematic because of who his benefactors are.

http://www.livemint.com/Opinion/ba7a...-in-tears.html

At least the investors are not entering blind.

I guess with so much new money about the feeling is...Why not throw some at
Alibaba? :D

Crazy.

Pete

The magic of greed.

And a lot of crap. I've used Alibaba and it has it's pluses, but it's hell to wade through the options and impossible to find reputable dealers.

All you can do is throw your dart and hope it hits the right broker.

That is what I've heard, buyer beware - Chinese style.


Carl

I hate when the search engine come up with that site as I have no use for anything from China as it is mostly crap.