The Traderszone Network

Published in TZ Latest News 19 September, 2014 by The TZ Newswire Staff

Alibaba IPO will be a Wall St. ‘feeding frenzy’

“I believe it’s oversubscribed by perhaps a factor of 10,” says optionMONSTER’s Jon Najarian. “Most IPOs that are popular like a Twitter situation are probably 6 to 8, so this is going to be a true feeding frenzy, there’s more demand than there is supply.”