How to Play the Alibaba IPO
I am a buyer of YHOO right here @ 30.70 as a position trade for the upcoming IPO of alibaba.com which is supposed to come live on Tues Nov 6th. Yahoo! owns 39% of alibaba and is looking to add another 10% (if I recall correctly) of the allotment subscription. I am keeping a tight stop loss around 30 dollars.
