### Comment:
They issued more shares, diluting the value of the current ones. There were a lot of people in China looking to be able to invest more easily in Alibaba though. 
  
 It was hyped up like it'd raise the value.

### REPLY:
Shit I totally missed a lot of this!  So are people selling off their shares?  I’ve got some but it opened today without any major drop.

### END.