It's my understanding those come in September, 2015
Following from YAHOO 8-K
Dated: September 18, 2014
Item 8.01. Other Events
...Further in connection with the IPO, Yahoo entered into a lock-up agreement with the Underwriters restricting the sale of its remaining ordinary shares of Alibaba for a period of one year, subject to certain exceptions.
Already, 3 upgrades tonight (Morgan Stanley to 109, Deutsche Bank to 104, and Credit Suisse to 114). More to come in the morning.
181 days after the IPO date, or March 18, 2015. That’s when 429 million shares became available for sale in the public market, which is more than the 320 million shares the company sold in the IPO and about 17% of the shares outstanding.
But the biggest lock-up expiration date comes 366 days after the IPO, or Sept. 20, 2015, when 1.6 billion shares are allowed to be sold. That is 64% of the shares outstanding.
Tomorrow, the Jaguar dealer!
ditzil: I'll be back in China in June. I'll report any decrease in appetite for Apple products that I see, but that is not happening as of today. Honestly, I don't see that happening anytime soon. And, going beyond iPhone sales, I think the Gold iWatch will sell better in China than the USA. In my opinion, "saber rattling" is always about finding a solution from a different starting point. It would be so easy for Apple to move factories to India (Little China). Personally, I think Apple has done a wonderful job of increasing worker's rights and welfare over the years. Change like this takes decades and must start with a long range vision. Apple is not insensitive to workers rights (by US standard). The best way to win this fight is by proving capitalism works. Believe me, much has change since my first visit to China in 1975. The skyline of every major city changes every 12 months. New cities spring forth from nowhere. There is more money pouring into Chinese pockets than ever before. I personally know people that own over five properties. And, as side note, some Chinese think drinking coffee is cool too! Look at SBUX. Good Luck, the next 48 hours will be interesting.
I go to China (Guangzhou and Beijing) at least once a year and you are correct, that is where the growth is coming from. Last year, we took my nephew (age six) an iPad, that's all he wanted. He was not alone, everywhere we went all we saw were Apple products being displayed as status symbols. China loves Apple products and BMWs. It will be mind-numbing quarterly sales (Chinese New Year sales included this quarter) of over 60 million iPhones sold. Some have postulated a $25 price move on those type of numbers. I don't know the magnitude of the share price increase, but I am confident of the direction.
25 points and I will need to move some money to new accounts. it puts me over the limit.
Months of bragging that he sold all of his Apple at $132.
Months of telling us that Apple would never see $128 again.
Months of insulting anyone long Apple.
What will the Sheep, with no skin in game, spend his time doing come next week?