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It's below the opening price which is not a big deal. FB on the other hand quickly dipped below the offering price. If the 3 days expected value of a recent IPO
by ucha 10y ago
It's below the opening price which is not a big deal. FB on the other hand quickly dipped below the offering price. If the 3 days expected value of a recent IPO is significantly different from the opening price, that would create an easy arbitrage opportunity.
- lisper 10y ago> It's below the opening price which is not a big deal. It is if you bought at the opening. Retail investors don't get to participate at the offering price.
- tim333 10y agoStocks go up and down. If you're shocked that a stock you bought at 25 is now trading at 24 you probably shouldn't be trading.
- Lazare 10y agoRetail investors shouldn't be gambling on IPOs.
- elastic_church 10y agoyeah but it isn't as headline worthy. There is a syndicate of investment banks legally propping up the price at $17 for a short time. If selling pressure somehow breaches the syndicate bid, HOUSTON WE HAVE A PROBLEM.
- lisper 10y agoYeah, that was kind of my point. Whether or not it's a big deal depends on who you are.