41–50 of 69 posts
IPO calendar for NYSE: https://www.nyse.com/ipo-center/filings IPO calendar for NASDAQ: https://www.nasdaq.com/market-activity/ipos Market Watch's IPO calendar: https://www.marketwatch.com/tools/ipo-calendar Anyone know if CBOE publishes an IPO calendar?
Does the product literally just scrape this data? Does it include the SPACs/direct listings/reverse mergers that seem to be increasingly popular?
My brokerage (Fidelity) does this for free. But the problem is not knowing about the IPO, it's getting an allocation. As a retail investor, it would seem my position size is not big enough to get any shares. I know this varies by brokerage, so this may or may not be typical of others. If you could pool together retail investors to increase the possibility of getting shares allocated, that would be something special..…
It's not quite the same, but the ETF's; USA - IPO, FPX; and International - IPOS, FPXI, FPXE. They buy IPO's after they launch, and then sell them after a set duration, automatically managing inflow of new and outflow of old. Youre not able to buy specific companies, youre instead buying into the idea, trends, and behaviors of IPOs as a whole. They also dont capture the huge initial jump in price. Go with a 60:40 IPO…
I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.
Earlier quoted context omitted.
It's not quite the same, but the ETF's; USA - IPO, FPX; and International - IPOS, FPXI, FPXE. They buy IPO's after they launch, and then sell them after a set duration, automatically managing inflow of new and outflow of old. Youre not able to buy specific companies, youre instead buying into the idea, trends, and behaviors of IPOs as a whole. They also dont capture the huge initial jump in price. Go with a 60:40 IPO…
> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.
Companies want stability. If my plan is to raise $2 billion with an IPO, I want to be able to build a business knowing that money is coming in. With an auction, I wouldn't know how much money will come in. It might be $4 billion, or it might be $500 million.
The current structure has a financial intermediary who charges a premium to take the risk of a price DROP for me. I can shop around for who will give me the best price, and once I've got that locked in, I know my $2 billion will come in, and I can start building my engineering, marketing, etc. with the stability of a guaranteed check in the bank.
That stability is worth more than the premium.
"Oh no, I missed the IPO" turns into "well, at least I can buy at a discount" 6 months later. This isn't every company, but it's been an increasing portion as of recent years.
Earlier quoted context omitted.
> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.
Half corruption, but the surface argument is: Companies want stability. If my plan is to raise $2 billion with an IPO, I want to be able to build a business knowing that money is coming in. With an auction, I wouldn't know how much money will come in. It might be $4 billion, or it might be $500 million. The current structure has a financial intermediary who charges a premium to take the risk of a price DROP for me. I…
Earlier quoted context omitted.
> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.
Half corruption, but the surface argument is: Companies want stability. If my plan is to raise $2 billion with an IPO, I want to be able to build a business knowing that money is coming in. With an auction, I wouldn't know how much money will come in. It might be $4 billion, or it might be $500 million. The current structure has a financial intermediary who charges a premium to take the risk of a price DROP for me. I…
Earlier quoted context omitted.
Half corruption, but the surface argument is: Companies want stability. If my plan is to raise $2 billion with an IPO, I want to be able to build a business knowing that money is coming in. With an auction, I wouldn't know how much money will come in. It might be $4 billion, or it might be $500 million. The current structure has a financial intermediary who charges a premium to take the risk of a price DROP for me. I…
It can't be difficult to design an auction where the amount of $$ raised is set, with the "price" being the valuation (ie. what % of the company the investors are willing to own).
[0] - https://www.treasurydirect.gov/indiv/research/indepth/res_au...