facebook IPO 18th May Predictions

This is a discussion on facebook IPO 18th May Predictions within the General Trading Chat forums, part of the Reception category; Take a look at Zillow IPO (Z). Priced at $20. Opened trading at $60, fell to $45 within 1 minute, ...

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Old May 18, 2012, 12:14pm   #41
Joined Sep 2008
Re: facebook IPO 18th May Predictions

Take a look at Zillow IPO (Z). Priced at $20. Opened trading at $60, fell to $45 within 1 minute, closed at $34

Just not a good idea. But, that's my opinion.

Peter
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Old May 18, 2012, 12:20pm   #42
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Re: facebook IPO 18th May Predictions

Quote:
Originally Posted by wackypete2 View Post
Take a look at Zillow IPO (Z). Priced at $20. Opened trading at $60, fell to $45 within 1 minute, closed at $34

Just not a good idea. But, that's my opinion.

Peter
Just think how much you could have made with fluky timing, though.
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Old May 18, 2012, 12:21pm   #43
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Re: facebook IPO 18th May Predictions

Quote:
Originally Posted by wackypete2 View Post
Take a look at Zillow IPO (Z). Priced at $20. Opened trading at $60, fell to $45 within 1 minute, closed at $34

Just not a good idea. But, that's my opinion.

Peter
I'd say it's more than an opinion.
I'd pretty much say its a fact high profile IPO's are unstable and volatile.
People never learn though.

Even if they are unaware of IPO volatility,
its been 12 years since the tech bubble.
In 12 years most people seem to have forgotten the dangers
of inflated valuations on tech stocks (any stock for that matter).
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Old May 18, 2012, 12:26pm   #44
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Re: facebook IPO 18th May Predictions

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So who's buying at open? or who's brave enough to admit it?

Peter
The herd
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Old May 18, 2012, 12:26pm   #45
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Re: facebook IPO 18th May Predictions

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Originally Posted by Ross Spur View Post
Just think how much you could have made with fluky timing, though.
Just think how much you could lose with bad timing and slippage
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Old May 18, 2012, 1:16pm   #46
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Re: facebook IPO 18th May Predictions

Anyone found out where this can be traded from this afternoon? marketspreads are doing it, haven't found anyone else yet.
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Old May 18, 2012, 1:20pm   #47
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Re: facebook IPO 18th May Predictions

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Anyone found out where this can be traded from this afternoon? marketspreads are doing it, haven't found anyone else yet.
Any stockbroker should be able to take your order.

Peter
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Old May 18, 2012, 1:36pm   #48
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Re: facebook IPO 18th May Predictions

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Any stockbroker should be able to take your order.

Peter
Or try William Hill.
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Old May 18, 2012, 1:40pm   #49
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Re: facebook IPO 18th May Predictions

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Anyone found out where this can be traded from this afternoon? marketspreads are doing it, haven't found anyone else yet.
It's all set up on IG Index. Prepare for mayhem.
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Old May 18, 2012, 1:44pm   #50
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Re: facebook IPO 18th May Predictions

Thanks. I'd prefer to spreadbet them though because that's what I'm familiar with, and I've got the accounts. I'm not certain that I want to trade, but I'd like to be able to see the chart at least.

I wasn't aware that you could trade on equities through William Hill. I thought all they had was binary betting on certain key markets?

Don't have an account with IG Index - they never offer any promotions!
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