Alibaba will IPO as early as Sept in Hongkong market
To get access the huge Chinease e-commerce market, you can buy DANG, VIPS or LITB. among these 3 picks, I prefer DANG most since it's the most undervalued one. Once it turns in a break-even or profitable earnings report, it'll go back to IPO price (16USD) over night! that could happen as early as Dec.
Agreed this will be trading at $12-14 minimum by the time of the Alibaba IPO and could well crack $20 once thats done, the buy out rumors start and the whole sector gets revalued up... DANG will seem cheap by comparison and will be a sympathy play -