It’s been a long, long time since I last posted about purchasing any individual stocks. Last Friday, I joined the legion of masses and got suckered into participating in the heavily hyped Alibaba (BABA) IPO!
Prior to the shares opening up to us small retail investors, I set a limit order of $75/share, and was hoping to purchase 100+ shares. I woke up early Friday morning and tuned into Bloomberg… And for the next few hours, I watched as the hype only seemed to grow and grow. Every five minutes, there was another BREAKING NEWS report about the stock [click to continue…]