Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Greater China Junior Stocks -- Ignore unavailable to you. Want to Upgrade?

To: hui zhou who wrote (1162)	3/4/2006 1:49:59 PM
From: Julius Wong	Read Replies (1) \| Respond to of 1992

The pre-IPO is tricky. Here we have Blank Check IPOs Subject 55438

To: hui zhou who wrote (1162)	3/4/2006 2:12:44 PM
From: RealMuLan	Respond to of 1992

>>For example, Is that right If I am a pre-IPO BBC holder, I may unload my share at discount at 1.5 market before the restriction time expired?<< Exactly. The sellers claim the buyers can sell in the US market after a successful IPO, but it is usually not true because they need further permission. So the buyers end up holding them for a long time. The BBC pre-IPO holders are now fighting the company for the right to sell. It is very risky. because some companies may never succeed in IPO so the buyers may lose their money since there is no enough regulation to protect them. I saw a lot of insider shares flying around in 1.5 market for CHNG at 3.8-4 Yuan/share (around $5/share) a couple of weeks ago. And look at its price now, becomes $4/share. The buyers then already lost 20% by last Friday, but they still cannot sell. Although I think CHNG is not a bad company. I may pick up some more when the price stabled (I got some, luckily only 100 sh., at $5, did not sell at 5.5, now it came back to 3.8-4.1).