Does anyone have IG stock?

D

D70

Established member

Messages

839

Likes

195

• Jun 9, 2010

• #1

IG floated in 2005 at 120p (i think).

Today they trade at 445p.

They clearly do VERY WELL out of all the punters.

Discuss.

 

shadowninja

Legendary member

Messages

5,524

Likes

644

• Jun 9, 2010

• #2

Nothing to discuss. It's pretty obvious that such companies would do well esp in a recession as people get desperate for money.

 

R

redart

Established member

Messages

890

Likes

248

• Jun 9, 2010

• #3

its a brilliant business model. Id love to have my own bucketshop

 

M

montmorencyt2w

Senior member

Messages

2,619

Likes

294

• Jun 9, 2010

• #4

And can you trade IG stock on IGIndex SB?
Have often thought it would be a good wheeze, but I hardly do any Equities, so have not bothered to check it out.

 

Hoggums

Senior member

Messages

2,176

Likes

878

• Jun 9, 2010

• #5

You should heavily short it - it would be interesting to see IG hedge out that position!

 

shadowninja

Legendary member

Messages

5,524

Likes

644

• Jun 9, 2010

• #6

montmorencyt2w said:

And can you trade IG stock on IGIndex SB?
Have often thought it would be a good wheeze, but I hardly do any Equities, so have not bothered to check it out.

Click to expand...

Legally, they're not allowed to, I understand.