ANT IPO Approved...

[shri]

what is 2800? would you not want to get in on the initial pop and exit for short-term gain at least? (of course assuming the pop, etc.)

The short term pop and exit thing is not worth it.

If you want to and really want to... Mark Six or levered etfs might provide some entertainment.

2800 is a index tracker.

[bobly]

The short term pop and exit thing is not worth it.

If you want to and really want to... Mark Six or levered etfs might provide some entertainment.

2800 is a index tracker.

Ive stayed away from many a IPO (except google and amazon) - the Chinese leveraged/cooked books are a put-off.

[shri]

Ive stayed away from many a IPO (except google and amazon) - the Chinese leveraged/cooked books are a put-off.

Back to Ant then..

[traineeinvestor]

Decided to pass on Ant. Forecast PE of 87x (according to one broker) + small allocations likely does not sound exciting to me.

[traineeinvestor]

But it could create opportunities elsewhere:

https://www.scmp.com/business/market...iquidity-spike

[tf19]

Interesting that there's so much pessimism against the IPO. The wife understands the Chinese financial industry way better than I do and believes in the long term potential of Ant Financial so we're going in for the lottery. Let's see what happens..