Official GOOG prediction poll
- Thread starter stock777
- Start date
since1997,
I don't get. If they are "hardcore scalpers" why would they get in 102 and get OUT at 98,98???!! That's more like an intraday swing or position trader.
Scalpers go in and out for 10,20cents or even less. Not hold for3-4 dollars losses...
maybe they weren't real scalpers...
And many might have been scared by Google's initial per-share price estimate, which was lowered long after registration for the auction ended, Kessler said.
Analysts say it's also a positive sign that Google's early investors did not immediately cash out. Both John Doerr of Kleiner Perkins Caufield & Byers and Michael Moritz of Sequoia Capital had originally planned to sell more than 2 million shares each, but those numbers were reduced to zero early Wednesday.
The investment firms won't be able to cash out immediately, however. They must hold onto the stock for 180 days -- during which time it may or may not still be above $85 a share.
http://biz.yahoo.com/ap/040819/google_ipo_32.html
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Who wants to bet against that goog will be above $85 in 3 months
Analysts say it's also a positive sign that Google's early investors did not immediately cash out. Both John Doerr of Kleiner Perkins Caufield & Byers and Michael Moritz of Sequoia Capital had originally planned to sell more than 2 million shares each, but those numbers were reduced to zero early Wednesday.
The investment firms won't be able to cash out immediately, however. They must hold onto the stock for 180 days -- during which time it may or may not still be above $85 a share.
http://biz.yahoo.com/ap/040819/google_ipo_32.html
======================================
Who wants to bet against that goog will be above $85 in 3 months
Quote from dividend:
The investment firms won't be able to cash out immediately, however. They must hold onto the stock for 180 days -- during which time it may or may not still be above $85 a share.
http://biz.yahoo.com/ap/040819/google_ipo_32.html
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Who wants to bet against that goog will be above $85 in 3 months
Is that 180 business days? This cash out day might be good trading opportunity. IMO
Now you're kissing arse?!
You guys just missed my quadruple heart attack when my cable went down and then I found out that the phone line was also down. I swear, this only happens when I'm swinging something huge and volatile.
Punched back in finally and I'm up 7 pts. Made my day a bit better.
Thank god I'm going up to NYC for the week. I really need some serious time off.... and I just got back from vacation last week....
In case I loose my line again, I'm gonna scale out of all but like 5-10k near the close today. I don't want stock over the weekend. I'll hedge off $/$ what I don't sell with SPY shorts.
Think that this gets to 140 in a few weeks and I want some exposure. Just not too much exposure that I keep having coronaries.
Punched back in finally and I'm up 7 pts. Made my day a bit better.
Thank god I'm going up to NYC for the week. I really need some serious time off.... and I just got back from vacation last week....
In case I loose my line again, I'm gonna scale out of all but like 5-10k near the close today. I don't want stock over the weekend. I'll hedge off $/$ what I don't sell with SPY shorts.
Think that this gets to 140 in a few weeks and I want some exposure. Just not too much exposure that I keep having coronaries.
This is gettting silly. Hard to believe everything was down for the day and you have like 30,000 shares of a highly volatile stock just after ipo. hmm, this isnt '99.
Come on, what really happened?
Another question, if you wanted to own the stock why wouldnt you have bot it during the auction?