Fonaibung: My guess is that the market is still jittery about Russia.I'm not sure why people complain about a tech bubble, as tech P/E ratios are well short of what they were in the last bubble.
loonatic112358: i got to ask, wtf is alibaba used for?
BigLuca: loonatic112358: i got to ask, wtf is alibaba used for?Do you need 600,000 office chair casters? Or 40,000 gallons of Aluminum chlorohydrate?Then you don't need to know.
BigLuca: loonatic112358: i got to ask, wtf is alibaba used for?The less snarky answer is it's ebay for factories in China (and other places). It's does more sales than ebay and amazon combined.
ladyfortuna: I'm not gonna lie, I've got a couple grand waiting in a brokerage account for this IPO. I wasn't sure what I would do with it but that seems as good a move as any.
meyerkev: Now, all we need is for everyone to keep selling AMZN. Seriously, can we get them down to 200 sometime in the next day or so?
umad: meyerkev: Now, all we need is for everyone to keep selling AMZN. Seriously, can we get them down to 200 sometime in the next day or so?I got tired of waiting and got in at 295 after the last drop. They are going to take over the world someday, so get in while you can./pretty pumped about alibaba too
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