IBKR opens @ 50 or so.

Quote from stock777:

funny, you can post arca but looks like no trading.

just bluff here
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Same kind of behavior you get on ARCA when a stock is halted.
 
The big question, do I sell my shares right away at the open for a small, but guaranteed profit, or hold on in hopes of it hitting 40.
 
Quote from Htrader:

The big question, do I sell my shares right away at the open for a small, but guaranteed profit, or hold on in hopes of it hitting 40.
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remember who bid these shares up... (the bid/cover is a distortion because of this)

purely purely flipper day traders.

sell.
 
Quote from scriabinop23:

remember who bid these shares up... (the bid/cover is a distortion because of this)

purely purely flipper day traders.

sell.
More...

Do not think there were 140+m shares bid that were all flippers. Many of them will be long term holders. Either way, I got my buy stop orders in at $35 and $36 to double my position that was barely filled.
 
I think there's more people who want to fill the rest of what they failed to get allocated then people who want to flip. a LOT more.

And look at it this way, the flippers only got 25% of the shares they wanted to flip. The buyers need to buy 75% of what they failed to get allocated.
 
Wow, the ipo positioning window just opened, and a ton of bids came in. Looks like at least 33 opening, maybe 35+.
 
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