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Strategies & Market Trends
Open Table- have the dot.com mania days returned?
An SI Board Since May 2009
Posts SubjectMarks Bans Symbol
12 0 0 OPEN
Emcee:  KeepItSimple Type:  Moderated
On its opening day, Open Table jumped to 33 dollars a share, a 75 percent gain.

The company only earned 2 cents per share in the quarter ended March 31, 2009, and lost 10 cents per share in 2008. If it continues to earn at the pace it achieved in the first quarter, the price-to-earnings ratio for 2009 would be around 420 at current prices.

"This is reminiscent of the 1999-2000 IPO pricings," said Scott Sweet, a senior managing partner with advisory firm IPO Boutique, in a research note.

"This IPO environment has not and should not see a pricing like what was chosen, considering the restaurant business is very prone to the recession."

LET THE MANIA BEGIN AGAIN!
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12Priceline to Buy OpenTable for $2.6 Billion By MICHAEL J. DE LA MERCED DealBoGlenn Petersen-6/13/2014
11This explains OPEN hitting an ATH. [graphic] Facebook users can now make restSr K-8/13/2013
10OPEN gets some new competition: Message 28982040Glenn Petersen-7/1/2013
9nice to see opentable pig fall into the $30s.Brasco One-11/2/2011
8wow what a complete collapse in this ugly issue...$30s are next!!Brasco One-10/4/2011
7nice to see this ugly pig fall apart!!!!!!Brasco One-8/3/2011
6my bad i thought you said you shorted the common. I looked at the options and thBrasco One-11/4/2010
5Agreed. I wrote some 18DEC $65 (ITM but not for long) call options that carry aSalt'n'Peppa-11/4/2010
4Good short!! i think you will make a lot of money. where did you find shares? (wBrasco One-11/4/2010
3I started a short line on OPEN today, by writing call options. How can a stock Salt'n'Peppa-11/4/2010
2today OPEN went to da moon!!Brasco One-11/3/2010
1haha... good website though, gets me in great places at the click of a buttonMattyice-5/25/2010
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