The upcoming initial public offering for Alibaba is highly anticipated and should bring a share price increase from its IPO price range of $60-$66 in my opinion. Those lucky subscribers who get the shares in the initial price range will be very happy with their holdings soon if the stock price goes up, and I believe it will. This is one of the more important IPOs in recent history, and Alibaba has a large stake of it held by Yahoo!. No one knows yet whether or not Yahoo! will sell its shares of Alibaba or if it will spin it off to shareholders, but this is an IPO that I definitely will be watching.
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