facebook IPO 18th May Predictions

This is a discussion on facebook IPO 18th May Predictions within the General Trading Chat forums, part of the To Be Sorted 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, 6:14am   #41
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Default 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, 6:20am   #42
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Default 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, 6:21am   #43
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Default 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, 6:26am   #44
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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, 6:26am   #45
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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, 7:16am   #46
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Default 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, 7:20am   #47
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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, 7:36am   #48
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Any stockbroker should be able to take your order.

Peter
Or try William Hill.
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