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IPO

asidiko13

Oct 11, 2007, 9:50 AM
Anyone get a piece of the company since it went public this morning?

It's going for about $15/ share
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nextel18

Oct 11, 2007, 3:45 PM
I did not get it yet, but we will have to see what further trading does before anyone purchase the stock.

Did you?
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asidiko13

Oct 11, 2007, 11:27 PM
Yeah, I picked up a few shares. I'm new to the stock market and they were going public and at an affordable price.

It was just day one, I don't expect it to go through the roof though, just learning the ropes.
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nextel18

Oct 12, 2007, 1:01 AM
Since you are new to this game, it was not a good idea of getting into an IPO without any other core investments. Just wanted to let you know that at $15 per share it does not mean it is affordable, but it depends on the valuations and multiples assessed to the stock and company. the price per share does not really tell if it is affordable or not because a stock at $1 up to $125k per share can have valuations of either being cheap or expensive. I actually on these forums mentioned my valuation about the IPO at https://www.phonescoop.com/news/discuss.php?f m=m&ff=2423&fi=1389676. just wanted to point out that my valuation and metrics were on the data that was mentioned prior to this actual debut so the metrics and numbers may have changed. Yo...
(continues)
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nextel18

Oct 12, 2007, 2:08 AM
If you want me to update the numbers for the information reflecting now for this stock I will.
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