Sunday, September 21, 2014

Alibaba IPO

The best way to benefit from the Alibaba IPO(BABA) is by owning/buying stock in Yahoo (YHOO).  Right now one of those stock market anomalies is going on.  Yahoo's market cap is currently less than their stake in Alibaba and Yahoo Japan!  This will only last for so long.  Eventually the market will fix this and Yahoo's stock will go way up.  I have been buying them the whole year starting at $30 a share for this very reason. shares are now $40 and I would expect to see $60 within a year.  thanks for reading and good luck investing.  Tony

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