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Non-Tech : Kirk's Market Thoughts
COHR 177.38+3.8%Dec 4 3:59 PM EST

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To: Jerome who wrote (1919)9/20/2014 3:10:45 PM
From: ETF11 Recommendation

Recommended By
Kirk ©

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Because it is incorporated in the Cayman Islands and will only have American depositary receipts listed in the U.S., it will be ineligible for big indexes like the ones run by MSCI and FTSE.
This will have a big impact on ownership and value. Since the ETF's will not own it .....only the retail stock market will hold up the price. This pulls out the floor on the stock price and stock ownership.

usatoday.com

Note...I have no interest in owning Alibaba at any price.
Jerome, have you read what Mark Mobius had to say about Alibaba?
You know that Mark Mobius is the famed emerging markets manager from Templeton.
He said stay away from Alibaba, mainly because of the VIE stock structure. The shareholders have no voice, no control, no rights.
blogs.barrons.com

money.cnn.com

"The founders have control of the key assets of the company and if something goes wrong there's nothing you can do about it. This is the bottom line."

"My advice for investors is to be very, very cautious and look at the fine print, and don't ... get involved in these things if [you're] not going to have any recourse," he said.
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