Should you buy Alibaba?
The Chinese e-commerce giant is expected to go public tomorrow, selling 123 million of the 320 million American Depositary Shares at an expected price range of $66 to $68.
On CNBC’s “Fast Money,” Damodaran, a professor of finance at New York University’s Stern School of Business, noted that he was looking at Alibaba stock from the perspective of a long-term investor, not a trader, adding, “I wouldn’t have bought Twitter (TWTR) at any of the prices it’s been offered at.”
Damodaran, known as the “Dean of Valuation” for his expertise, said that it was the first initial public offering where the pricing range was close to his own estimate of a company’s worth. “And the first reaction that I had was, ‘What did I do wrong?'”
hmmm Alibaba and the forty thieves!
Have to agree about CNBC..How Jim Cramer still has a job is shocking! Almost all his stock calls are wrong! And he is constantly contradicting himself.
Right you are! Jim Cramer screams all day long about nonsense! I get a headache just watching that ranting lunatic! Jim Rogers actually said to the audience while being interviewed on CNBC never to listen to them unless you want to lose your money fast! Turns out he was right again! As much as I love Fox, I have to admit that Eric Bolling is a complete idiot! I actually knew him from the NYMERC. He is another talking head on the payroll dispensing useless advice! However, also with Fox is Melissa Francis who is a genius and a beautiful former actress to boot! That woman (A Harvard Graduate) is an expert on the Commodities Market and tells it like it is. She writes her own script which is very rare in that business!! 🙂
Mony Mony
I think all these new outfits are from her recent trip to Italy. There are only so many museums and restaurants a girl can visit.
The business model is: sell advertising, not provide free information. So, I guess they are successful. 7:1 odds there will be plenty of red dresses and pumped up bosoms for the BAMA rollout tomorrow.
Yup~~~ I Watch C.N.B.C. For One Reason~~~ And One Reason Only~~~ C.N.B.C. Hummingbird LissLiss~~~ And I Must Share That She Has Purchased a Ton Of New Hot Outfits As Of Late~~~ Today She Had On a Orange Marmalade Colored Gown On~~~ And I Tell You~~~ I went Straight For The Nearest Orange Tree~~~ I Immediately Started Skipping And Whistling To The Ripest Orange Tree I Could Find~~~ Then I went Inside And Sat Down And Began Peeling Away~~~ And Then It Was History~~~ I Sunk My Herbysan Chompers Into This Orange~~~ And Juices Went Squirting All Over The Place~~~ What a Mess~~~ What a Mess I Tell You~~~ Thanks LissLiss~~~ You Brought Me The Ripest Orange This Side Of The Mississippi~~~ And To Think~~~ This All Happened Because Of Your New Orange Marmalade Gown~~~
That’s right, let’s roll out the hot little red dresses and the wonder bras girls! They are basically the “porn stars” of the news network. They plump up their lips, wear a lot of eye makeup and sport fake tans all year long. They also talk with their long red nails and smile, smile, smile! A few winks here and there are thrown in sometimes depending on how hard the stock is to sell! The other color is green accompanied by cat eye makeup because green makes men horny! Oh god, no wonder I have so many crazy incidents in my life! I should be working for them! Just Kidding! LOL 🙂
Red Hot Chili Peppers – Cali fornication
Do yourself a favor and NEVER WATCH CNBC’s FAST MONEY unless you want to lose your money real fast! They are paid by the liberal media establishment to unload worthless stocks at very high prices to the unsuspecting public. If you want to make real money in the stock market you need to be in the know. If you are not a VC, Trader, PE MD or higher, or Economist at hedge fund you will not do well. They get all of the best deals on the market and unload the shitty stocks via CNBC to the public! So if you are the mainstream American, stick with safe conservative investments. Mark my words! The stock market has become Casino Royale=Viva Las Vegas and YOU WILL END UP HOLDING THE BAG for these Corporate Raiders.
Viva Las Vegas
On the other hand, if short red dresses, water bras and patterned Spankx appeal to you, tune in! Some days it just beats watching The Talk, Katie, etc. right Herby?
WOW!!! Orange marmalade gown!!! I’m jealous!!!