- March 18, 2015, concludes the 180-day lockup period on BABA.
- At this point, BABA's 20+ major pre-IPO shareholders will have first chance to take profits on one of the most high-profile IPOs in history.
- BABA's strong quarterly earnings will not likely detract from the desire of its insiders to at least cash out on some of their holdings.
- We suggest selling BABA in the days prior to the event to take full advantage of potential declines.
- Further info here.
Disclosure: The author is short BABA.