Alibaba IPO is a bonanza for select firms – MarketWatch

So Credit Suisse and other already wealthy people and firms are going to make a big profit (read: triple their private investment) in this IPO. What about the average investor? They are the ones transferring their wealth to the already wealthy individuals and firms. You could view this as the poor masses paying the already wealthy 3X their initial investment hoping that they (the poor masses) can flip their investment also.

Good luck with that. It sounds like one big game of hot potato. I pass. Perhaps you should too. We haven’t even talked about shareholder rights of a US investor in a Chinese company…

http://www.marketwatch.com/story/alibaba-ipo-is-a-bonanza-for-select-firms-2014-09-15-221035654?siteid=rss

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