topic Re: Alibaba? in Community Chat

Alibaba?

Qwackertoo — Fri, 19 Sep 2014 14:34:22 GMT

I'll pass. A lot of hype for sure. But then I passed on Google. And eBay.

It is tempting to gamble a little on it . . . maybe 5K.

After what happened with Facebook, although it has recovered from the initial fallout after the IPO . . . I'll wait at least a week or two.

Re: Alibaba?

croemer — Fri, 19 Sep 2014 14:42:55 GMT

Just saw this discussed on FOX News, sounds like a very risky investment...they can change the rules on you at any time and they have done this before with other investments. I checked the site out and Amazon has well known products versus this site from what I could find.

Re: Alibaba?

Qwackertoo — Fri, 19 Sep 2014 14:43:50 GMT

Was the story on Fox News or Fox Business News?

Re: Alibaba?

croemer — Fri, 19 Sep 2014 14:49:19 GMT

On 9/19/2014 Qwackertoo said:
Was the story on Fox News or Fox Business News?

FOX News...FOX and Friends to be exact with Stuart Varney as the guest.

Re: Alibaba?

Qwackertoo — Fri, 19 Sep 2014 14:58:00 GMT

Thanks, I'll try to catch his show on FBN sometime today, I'm sure he will be mentioning it again or either Cavuto this afternoon.

Re: Alibaba?

croemer — Fri, 19 Sep 2014 15:01:44 GMT

He said this is China and you may invest but they have been known to change the rules and decide this is no longer fair to them and they can leave the investor out in the cold. Their listed products are some unknown items...might be good I have no way of knowing...I found no reviews. That could be my fault...their site is not as user friendly as Amazon.

Re: Alibaba?

Qwackertoo — Fri, 19 Sep 2014 15:05:09 GMT

Thank you for the warning! I had heard about it last week but didn't really do that much research . . . the past year or two I just keep banking more cash and not putting additional money at risk in the market.

Re: Alibaba?

croemer — Fri, 19 Sep 2014 15:06:22 GMT

On 9/19/2014 Qwackertoo said:
Thank you for the warning! I had heard about it last week but didn't really do that much research . . . the past year or two I just keep banking more cash and not putting additional money at risk in the market.

I hear ya. I would catch Varney's show...I really love to listen to his advice and knowledge.

Re: Alibaba?

AngusandBuddhasMom — Fri, 19 Sep 2014 15:07:34 GMT

On 9/19/2014 Qwackertoo said:
Thanks, I'll try to catch his show on FBN sometime today, I'm sure he will be mentioning it again or either Cavuto this afternoon.

They were discussing it on Imus this morning with Neil Cavuto. I am sure it will be on again

Re: Alibaba?

cuddles — Fri, 19 Sep 2014 16:25:26 GMT

It was Charlie Gasparino on Fox and Friends not Stuart Varney. He said he'll be ""chasing"" it this afternoon at 3 p.m. on Fox Business.

Re: Alibaba?

croemer — Fri, 19 Sep 2014 16:35:58 GMT

On 9/19/2014 cuddles said:
It was Charlie Gasparino on Fox and Friends not Stuart Varney. He said he'll be ""chasing"" it this afternoon at 3 p.m. on Fox Business.

TY...I was just wondering if I misspoke.

Re: Alibaba?

SahmIam — Sat, 20 Sep 2014 21:46:47 GMT

All I can think of is the last part of it: "....and the 40 thieves".

Considering what other Chinese companies have pulled lately, I wonder if the joke is on all those who invest?