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Non-Tech : Interactive Brokers / Timberhill
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To: sams291 who wrote (7314)4/18/2007 10:41:28 AM
From: Moominoid   of 9012
 
I bid equal amounts at $27 and $36. So if the IPO prices at $27 and below I get all the shares I bid and from 27-36 half and above 36 none. If bidders all put in very high bids to get some shares it could just drop on the IPO date (like Vonage). I figured $27 was the fair price but the shortage might push the price up and so there might be some profit a bit higher but not too high.
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