61–70 of 165 posts
Really the only people making any money here are the underwriter and venture capitalists who took this company public - the guys who pumped up and are now dumping these shares. While they're high fiving eachother with a job well done it's setting up the exact same crash that happened last time.
there's a lockup period, nobody is selling their pre-IPO shares now.
Earlier quoted context omitted.
that is true if you want to directly purchase shares, but there were market makers and other outlets offering CFD's and derivatives at just above the list price. judging by the volume (9M traded so far, which is more than what was listed) there seems to be a lot of that going on
>there were market makers and other outlets offering CFD's and derivatives at just above the list price do you have an references for that? were these offerings available to small retail investors?
Round again we go... It's so disappointing to watch... But it's not a bubble if we're able to tell it's a bubble, right?
Latest NPR Planet Money podcast episode was about bubbles, they interviewed a university professor that was running experiments on his students. They had a fake stock market with only one stock on it that would have a random dividend of either $0 or $2, so $1 on average. Students were given money to invest in the stock market. Running this experiment apparently over multiple courses, even in this small market there w…
Can someone explain why stock opened at $83 when it was offered for $45.
It's August 1995 again! http://en.wikipedia.org/wiki/Netscape#Early_years
Earlier quoted context omitted.
Not always. There are some companies that don't have enough liquidity to effectively make that trade or have no investors willing to lend the shares. Not to mention shorting (or options) aren't even allowed yet on this particular stock.
But in this case there is almost a certainty that people would accept your short. I would.
Really the only people making any money here are the underwriter and venture capitalists who took this company public - the guys who pumped up and are now dumping these shares. While they're high fiving eachother with a job well done it's setting up the exact same crash that happened last time.
there's a lockup period, nobody is selling their pre-IPO shares now.
Can someone explain why stock opened at $83 when it was offered for $45.
there was higher demand for the shares than anticipated?