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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?


To: E*Trader who wrote (4189)3/30/2000 1:41:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 10270
 
Thats why you shud flip them on day 1

close the account

open a fresh one

no ipo jail ;)



To: E*Trader who wrote (4189)3/30/2000 1:47:00 PM
From: DebtBomb  Respond to of 10270
 
IMO, some are flips, and some are not. It depends on many things, including but not limited to: sector, market cap, float, growth rate, major shareholders, IPO ratings, and initial first day pop %.
Some, I wish I didn't flip, like TLXS, I could have sold it much higher after 30 days.
But, everyone has to do their own thing.
When I first started getting IPO shares, I held the bag on all of them, never again.
Generally, If I get something that pops 200%, I'm gone.



To: E*Trader who wrote (4189)3/30/2000 1:51:00 PM
From: DebtBomb  Read Replies (3) | Respond to of 10270
 
E*trader, don't worry about it, they will bounce, they always do, when the time is right, IMO.



To: E*Trader who wrote (4189)3/30/2000 1:56:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 10270
 
dude, try to open up another account with some other company
so that you can short them to lock in profit when the shares are available ...

I learn a very painful lesson myself, dude ...



To: E*Trader who wrote (4189)3/30/2000 2:34:00 PM
From: Gerald Walls  Respond to of 10270
 
till today, if I sell all the IPOs, I will sent 11 accounts to jail, losing both, the premium first day and any potential for any real hot IPO and potential for getting Mr Etrade attention and closing all my extra accounts like what had happened with some

The first day premium is already gone whether you sell now or not. Basically you should ask yourself this: do I want to hold these stocks at the current price? Risking money by holding on to stocks you thing are dogs just to have a chance at a big return isn't investing, it's gambling.