MarvinMartian

The whales have exited the building & they thank the bagholders!

Short
NYSE:BABA   Alibaba Group Holdings Ltd.
Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi.

The first in, get the biggest profits because they sell to the last in, that are the bagholders.

Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black hearts!

'Murica
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.