Google IPO

[lukasbmw]

Since I can't get in on the IPO, do you guys think this will be worth touching when it comes to the secondary market?

[Jand3rson]

Re: Google IPO

Since I can't get in on the IPO, do you guys think this will be worth touching when it comes to the secondary market?

Uhhhhh... Sure! :D

[TheyCallMeDale]

what the hell is an ipo

[KenC]

Initial Public Offering

[TheyCallMeDale]

ahhh now I get it

[lukasbmw]

Initial Public Offering:

When a company enters the stock market they first sell massive blocks of shares to accredited investors. In this case you need to buy 100,000 shares or more at whatever price they open at.

Now I cannot afford buy 100,000 shares, but I would like to get in as soon as it hits the open market because I believe excitment over the stock will drive up the price. I just wanted to hear your thoughts on this. Yeah yeah, it's an E30 forum. So what. You'd be supirsed who lurks here. I know Bimmerforums.com and BMWM5.com have some serious ballers.

[nitro325is]

Your chances of succeeding on the secondary market of Google stock is slim to none in the short term.ALL the IPO options are already spoken for at an extrememly low subscription price.The huge underpricing gains will only occur at the very second they are dumped on the exchange at a premium.These gains will only be made by the subscribers(firms,connected brokers, mutual funds, etc) It is highly unlikely that they will rise any more then the opening price since typically more than 90% of IPO shares are dumped the first day on the market.Increase in supply will drive DOWN the price by day end if not immediately.

***But then again there is a rising trend in stupid investment managers taking part in sharing the blame strategy.So who knows?***

[lukasbmw]

I agree, but I have a "feeling" about this stock. There is so much excitement over it I suspect it may see a nice jump.

[user_punk]

Google IPO

Actually, Google is not going to release itself to the wolves as soon as it was thought. See attached shortcut: http://slashdot.org/article.pl?sid=0...&tid=98&tid=99 . The actual article comes from the London Times. Anyway, it's definitely something to watch, especially since Micro$oft was making noises about possibly buying them out.

my

[gstuning]

Just don´t hang on stocks,

This is a money game and the game is moving, unless you are thinking long term,

I made a $2500 investment in a Icelandic DNA engineering company at the rate of $27(it was gray market and the price was never firm), I needed a place to stash my money while I waited for my Cabrio to arrive from Germany,
well in 2 months and wathcing the market, It shot to $64, I wish I had sold at that point but was waiting on it going higher, I sold at $52 doubling my money basically, it later went to $7, lots of peple lost there entire money, I think buying now in it would be smart as they are on the virge of curring alot of stuf, AIDS beeing one of them, and cancer

There was a drug company in Iceland that is buying a bunch of drug manufacturing companies in other countries, 4 years ago it was at around 25, and is at 125 now, That would have been sweet play in that game,

[lukasbmw]

If the 52 week rage is $64 and $7 and the stock is still trading for around $7, I'd buy it as long as they are headed in a positive direction. What's the ticker symbol? PM me if you want...

[zandi]

Your chances of succeeding on the secondary market of Google stock is slim to none in the short term.ALL the IPO options are already spoken for at an extrememly low subscription price.The huge underpricing gains will only occur at the very second they are dumped on the exchange at a premium.These gains will only be made by the subscribers(firms,connected brokers, mutual funds, etc) It is highly unlikely that they will rise any more then the opening price since typically more than 90% of IPO shares are dumped the first day on the market.Increase in supply will drive DOWN the price by day end if not immediately.

***But then again there is a rising trend in stupid investment managers taking part in sharing the blame strategy.So who knows?***

3 years later, check the price now!

[Rob]

dude, if this goes hot, you can buy used plasmas instead of stolen!

[BimmerToad]

zing