Alibaba shares face selling pressure as insider lockup lapses

As Alibaba was preparing to sell shares to U.S. investors for the first time, Jerry Verseput tried to persuade his clients not to throw money at the giant China-based e-commerce company because he thinks IPOs are a gamble, especially those with a lot of hype.

via South China Morning Post - Business feed http://ift.tt/1GUlW39