IBKR halted?

Quote from Kicking:

Funny how they show IBKR worth zero, down 32.24 :)
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It was all a dream. You didn't REALLY think they'd let you buy a part of this company did you?:cool:
 
Interactive Brokers Group, Inc. Announces Termination of Follow-On Offering
Wednesday May 7, 6:08 pm ET


GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (NASDAQ: IBKR - News) today announced the termination of its follow-on offering of 50,000,000 shares of its Class A common stock. The shares offered in the offering will be deregistered and the company will not register another public offering of its shares of Class A common stock until at least April 15, 2009.
 
Quote from Professional:

Trading to resume at 18:40. 6:40pm EST
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I guess this was just a big show down with the shorts(17.6% short as of april 10) who expected a cheap offering. Will be interesting to see how it trades without the potential dilution overhanging the market.
 
LMAO... As anti-climactic as it gets. Zero action.

No one knows what to make of the cancellation.

Can't take a side until it's known WHY the offering was withdrawn.
 
Quote from Professional:

LMAO... As anti-climactic as it gets. Zero action.

No one knows what to make of the cancellation.

Can't take a side until it's known WHY the offering was withdrawn.
More...
no bidders? why else would they cancel?
 
Quote from Professional:

LMAO... As anti-climactic as it gets. Zero action.

No one knows what to make of the cancellation.

Can't take a side until it's known WHY the offering was withdrawn.
More...

this is why God created roadshows:)
 
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