Does anyone have IG stock?

[D70]

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]

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

 

[redart]

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

 

[montmorencyt2w]

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]

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

 

[shadowninja]

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.

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