YAST: Question about the Market

[Modeps]

Alright, with all the hype regarding google and their $2.7 billion expected from the IPO, I've been told by some people that poor schlubs like me and you wont be able to really afford getting any decent amount of it. Is this right? Dang the rich if it is!

 

[GasX]

a much better question would be why you would want in on an over-hyped IPO?

 

[Modeps]

Mostly because hype generates dollars on the market and I'd like to put a nice downpayment on a house.

 

[GasX]

Originally posted by: Modeps
Mostly because hype generates dollars on the market and I'd like to put a nice downpayment on a house.

hype generates overpriced IPOs which lead to price declines in first few weeks...

 

[Modeps]

I see, so basically it's probably gonna open high and drop like a rock?

 

[Toasthead]

Originally posted by: Mwilding

Originally posted by: Modeps
Mostly because hype generates dollars on the market and I'd like to put a nice downpayment on a house.

hype generates overpriced IPOs which lead to price declines in first few weeks...

Reminds me of when PALM IPO'd My buddy got some at like 83

 

[GasX]

Originally posted by: Modeps
I see, so basically it's probably gonna open high and drop like a rock?

not necesarily, but it is a distinct probability. If you want to own for the long haul, wait a month or so...

 

[SuperMachoMan]

Originally posted by: Modeps
Alright, with all the hype regarding google and their $2.7 billion expected from the IPO, I've been told by some people that poor schlubs like me and you wont be able to really afford getting any decent amount of it. Is this right? Dang the rich if it is!

Although this is typically the case with IPO's, Google is offering their shares via a Dutch auction so you should theoretically be able to acquire some at a fair market value.

 

[Yax]

Originally posted by: Modeps
Alright, with all the hype regarding google and their $2.7 billion expected from the IPO, I've been told by some people that poor schlubs like me and you wont be able to really afford getting any decent amount of it. Is this right? Dang the rich if it is!

Just get a job with Google and ask for Stock Options.