Where to Buy Alibaba (NYSE: BABA) Stock

Here's where investors looking for where to buy Alibaba (NYSE: BABA) stock should look...

Where to Buy Alibaba (NYSE: BABA)

For U.S. investors hoping to get in on the action and profit directly from the IPO, the deadline to call your broker and place orders for allotted shares was 4 p.m. EST on Wednesday, Sept. 16.

But fortunately, for those who missed that opportunity, there is still a way to play the Alibaba IPO...

In a special "research alert" to his Strike Force subscribers yesterday, Money Morning's Chief Investment Strategist Keith Fitz-Gerald outlined a strategy for playing the Alibaba IPO that's designed to maximize profits and minimize (as much as possible with a wild new offering) disconcerting whipsawing.

"Admittedly, grabbing onto Alibaba is going to be a lot like grabbing a tiger by the tail," Fitz-Gerald explained. "But this is a trade that's worth making. The trick will be to hang on while not getting clawed."

But be prepared for a potentially wild ride. According to Fitz-Gerald, "we could see anything on that first day of trading ranging from a 5% decline to a 30% increase. The former is a possibility, but I think there's so much demand for shares that a 30% pop in price may prove conservative when the closing bell clangs Friday afternoon."

As wild as that sounds, he believes the long payoff will more than offset any near-term discomfort.

Editor's Note: Many investors are hoping to cash in on the Alibaba IPO by making the "obvious" move. But there's another way. I'm talking about a unique "backdoor" company that most people have never heard of before. Our research shows you can reap huge profits on this play right now - before BABA stock starts trading. Go here to learn more.