Will price double for Tim Hortons IPI this week (like Chipotle)?

[ananda]

At issue. I only ever subscribe at the issue price. I only ever take stock in the issue from the syndicate.

 

[Bigmak]

I would have liked to get some stock at issue myself, but I wasn't exactly sure how. Does IB fulfill requests for shares at issue?

 

[El OchoCinco]

If a $15,000 or so gain means nothing to you, why even bother buying the stock then??

Quote from ananda:

Great
So how many shares have you got and what are you going to do about it? I have a miserable 500...............and therefore could not give a toss.

 

[Brandonf]

Quote from canadian_dude:

The Tim Hortons IPO is on deck for this week, see this link:

http://www.briefing.com/Investor/Public/MarketAnalysis/Calendars/IPOCalendar.htm

It's priced at around $20 but all the stories I read keep talking about heavy demand, plus the fact Wendys is only giving up a limited amount (18%) of the shares. Where do you think it will open for trade?

$20? $30? $40?

Chipotle doubled in price before the public had a chance to buy, and I have a feeling this one might do the same thing.

(note - I posted something else about Hortons last week, but my post ended up in the CLASSIFIEDS forum. But this is a different posting with diferent content.)

Tim Horton is no Chipolte. Wendy's has already tried to expand the concept aggressively in the US, and it did not take outside of a few cities close to the Canadian Border and they ended up closing almost all of them due to low sales. They even tried combining them with a Wendy's store to save on Real Estate costs, and even that did not work for them, they still closed the Tim Horton. The shop is already all over the place in Canada, so I dont really see that it has too much room left to expand.

Brandon

 

[ananda]

Perhaps you can now see my point. All the hoo ha about how the stock was going to open was pointless. Sure, 500 shares if the stock had doubled would have been pleasing; but it didn't.

You can't afford the emotions.

As it turns out, the profit on 500 shares was pretty unexciting and certainly not enough to pay much back to the broker.

Turn the stock, play the game and move onto the next.