The announcement could be the appointment of their investment advisors. I think this is the first step to officially start the groundwork for the IPO. We have to wait and see.
Sentiment: Strong Buy
From a Bloomberg article back in January....
"Ma said in June (2012) the company could sell shares in an IPO within five years"
Alibaba has also denied hiring any investment bankers. They didn't say "no comment" they denied it.
So because the share price was up Friday....this leads to the conclusion that the IPO announcement will be tonight?
If the share price is down on Monday....does that mean its next Sunday? Or the following Sunday? Or every Sunday from now on? As long as the price goes up?