http://www.marketwatch.com/story/alibaba-shares-could-nearly-double-ipo-price-in-a-year-mkm-2014-09-22
Alibaba had a price target established for it by MKM Research of $125 per share within a year. Please see the link above for that story. I think it is $5 too high, my target is $120 and I find that to possibly be understated. I would rather be pleasantly surprised than set the bar too high. If it goesmto even $120, current investors will make some serious cash in a year or less.
Alibaba had a price target established for it by MKM Research of $125 per share within a year. Please see the link above for that story. I think it is $5 too high, my target is $120 and I find that to possibly be understated. I would rather be pleasantly surprised than set the bar too high. If it goesmto even $120, current investors will make some serious cash in a year or less.
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