anyone investing in the GOOGLE IPO?

MacBaine

Banned
Aug 23, 2001
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No, there really isn't. A LOT of money will be lost when everybody who bought 500 shares realizes how inflated it is, and that in actuality it is worth next to nothing.
 

DeeKnow

Platinum Member
Jan 28, 2002
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there IS a lot ofmoney to be made - short the stock as soon as it opens...!
 

Imdmn04

Platinum Member
Jan 28, 2002
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A company's stock value reflects its true value plus its perceived potential value to the investors.
When that perceived potential turn out to be less than what the investors has expected, then its stock value will reflect the dropped perceived potential.
You can definately make a lot of money on this, as any stock with a lot of hype, even the ones with no substance. The trick is to know when to dump it, sometimes greed will make you regret forever.
 

austin316

Diamond Member
Dec 1, 2001
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Originally posted by: DeeKnow
there IS a lot ofmoney to be made - short the stock as soon as it opens...!

agreed. due to its auction style ipo, this thing is a gold mine for shorts.


<--------- Has owned only one stock his whole life.
 

jjones

Lifer
Oct 9, 2001
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Originally posted by: DeeKnow
there IS a lot ofmoney to be made - short the stock as soon as it opens...!
Exactly. That's what I did with Netscape when it's IPO came out and made a tidy little bundle.
 

arcas

Platinum Member
Apr 10, 2001
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The nature of Google's IPO (a dutch auction sort of deal) suggests that you won't see the explosive run up in share price that you've seen with other popular IPOs. A traditional IPO has a preset share price and a very limited number of investors (most shares are allocated to institutional investors...mutual funds, pension funds, etc). When those shares go public, those who didn't have a chance to get in on the IPO bid the share price up.

The Google IPO is different. As I understand, they'll let all investors bid on IPO shares dutch-auction style. This suggests that the IPO price will already be "bid up" prior to the opening day. I suspect you'll see the share price actually fall on the opening day: Those investors who were willing to pay a high price for the shares will have gotten shares via the auction. Those who didn't get shares via the auction were (a) not interested in Google or (b) not willing to pay a high price.