Don’t Be Upset About Missing Out On Alibaba
Below is a synopsis of this investment report:
- The Initial Public Offering (IPO) for Alibaba was one of the most anticipated stock offerings in history, and demand for the stock exceeded the supply available by many multiples.
- Individual investors were upset to learn that they were unable to get an allocation of Alibaba’s stock, especially since the stock price nearly doubled on the first day of trading.
- The Catch-22 with IPOs for individual investors is if you can get an allocation to an IPO, it’s best not to take it.
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