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Alibaba Update: Intriguing Developments With These "Backdoor" Profit Plays

And thanks to some new developments, it’s a topic we need to revisit.

In a development late last week, the Hong Kong-based Alibaba said it’s looking at early September for what could be the biggest initial public stock offering (IPO) in global financial history. The company is now planning to price its offering sometime after Labor Day, a person briefed on the matter said on Thursday.

Alibaba valued itself at $130 billion in a recent regulatory filing, up from an earlier recent estimate of $116 billion. Valuations of the company have surged over the past year after earnings essentially tripled. A year ago the company was valued at $62.5 billion.

The big debate on Wall Street right now has to do with how Alibaba will value itself for purposes of the IPO.

  • Featured Story

    8 Commodities You Should Be Investing In

    Food spices

    Morgan Stanley (NYSE: MS), in its newly released Commodity Manual, just delivered good news for anyone investing in commodities in 2013.

    The report gives a bullish outlook in 2013 and 2014 for eight of 14 commodities it evaluated. Estimated two-year gains range from 3.05% to 17.3%.

    Money Morning Global Resources Specialist Peter Krauth agrees most commodities will perform well. In fact, he projects even higher growth than Morgan Stanley's outlook.

    "With central banks on their virtually uninterrupted fiat money-printing spree bound to continue for the next few years, hard assets remain a great place to be," Krauth says. "That being said, some commodities will undoubtedly do better than others."

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  • investing in commodities market