SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Buying IPOs on the open market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shadowed who wrote (5295)1/10/2000 8:35:00 PM
From: blankmind   of 5529
 
what a poorly written and clearly the writer does not understand the ipo market.

Many questions arise from that situation ? starting with the fact that if Value America were indeed a ?buy,? as the Robbie Stephens analyst recommended May 4 when the stock touched an intraday high of close to $40 per share, then why hadn?t the underwriter priced it at $40 ? or even $50 or $60 ? when it took the company public only 18 trading days earlier?
msnbc.com

clearly the writer does not understand that current ipo's come out with few shares in the hope of attaining decent market valuation to use the stock at a later date. at one time stocks were priced at ipo to be the expected trading price, but that has not happened in the last couple of years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext