IBKR opens @ 50 or so.

Quote from mde2004:

FIG IPO price was in the teens. Please check facts beforehand.
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Fig opened to the public at $35 or $36. Only those with private placement got in for less on or before the first day.
 
Quote from ByLoSellHi:

How many shares did you buy and at what entry?

I won't you to come back and either gloat or take your bitter pill at a time certain.
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this guy clearly is a (know it all) troll. calling people dumb and dumber. never saw the guy post before today.

and placement price is very different from opening trading price.

I consider real performance from the minute it starts trading on the open market, not some closed buy in thats difficult to attain.

(ie: anyone here get any shares on NMX at 59? I doubt it.)
 
Quote from ByLoSellHi:

Fig opened to the public at $35 or $36. Only those with private placement got in for less on or before the first day.
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No, it was sold to plenty of people that had an account with one of the underwriters but not to wannabe day traders who mainly post on this board.
 
Quote from mde2004:

No, it was sold to plenty of people that had an account with one of the underwriters but not to wannabe day traders who mainly post on this board.
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Did you really read what I wrote carefully?

I said "the only people who got in for less than $35 or $36 were those who had a private placement on or by the first day of trading."


Do you know what private placement means?

Do you know who usually gets a private allotment?

It's typically large clients of the investment banks that are underwriting the IPO.


This IPO is like Vonage, inasmuch as IB offered up shares to their own customers.
 
lol, i see Im dealing with the high IQ set.

Over 4000 posts but he's never seen me post before.


lol, sorry, I shouldnt pick on the handicapped.
 
Quote from stock777:

Yeah, this is just like vonage, thats why you didnt buy any and didnt make a dime.
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Wow. Your logic is truly flawed.

I didn't buy any Vonage. And I didn't lose my ass.
 
I'm still holding my 1100 shares. Going to risk the 2.5 points to the IPO price that this thing will go up. Trading is about managing risk and I think it's a good bet. Either this IPO is going to be a break even or a 10+ point winner for me.

A 100 share flipper isn't going to affect my decision to hold.
 
Quote from OldTrader:

At least you TRIED to pump it up. No one can say you didn't do your part. LOL! Don't forget to cancel your order at 39. LOL.

OldTrader
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LOL. That guy spent two weeks making fun of anyone who doubted this "sure thing", bragged about how much he would buy on the open, then suddenly was making fun of the "suckers" who were holding it, then decided they were "letting the big institutions get some". What a riot. I wonder how his papertrading account did today.
 
This show Open IPO by W H sux at open.
Most of the IPO lead by WH never do well on 1 st day. You can get it cheap next few days. I think it is going to break offered price next week.
 
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