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There are 1612 billionaires, and only 1300, 100K blocks of stock in the IPO. {nm}

Posted by: elchan (a.k.a elchan2012) on Nov 17, 20:46 in response to vtwebb's post Doubt much of a gain

I wonder who will be the lucky, last 33 traders, who will get a ticket to a galaxy far, far away. {nm} elchan Nov 17, 19:51

woops, missed a 0. {nm} elchan Nov 17, 19:53

only 7 more to go {nm} Ziggy Nov 17, 20:20

147K shares left...going going {nm} Buy BONDS 19 Nov 17, 20:27

16K left! {nm} He was looting me, ruining me! Nov 17, 20:30

here we go {nm} Ziggy Nov 17, 20:30

Doubt much of a gain vtwebb Nov 17, 20:31

There's a set number of shares sold at IPO price. When they're done the price starts moving according to the market activity... {nm} slappydavid Nov 17, 20:36

100K gain in first 7 minutes !!! {nm} Ziggy Nov 17, 20:38

but only 156K gain in 2 hours {nm} Ziggy Nov 17, 22:27

There are 1612 billionaires, and only 1300, 100K blocks of stock in the IPO. elchan Nov 17, 20:46

They will continue to issue stock....if it was truely market forces the stock would go crazy. Who is selling their shares for a 3 dollar vtwebb Nov 17, 20:52

The more people buy the higher the price goes up, unless people short. I don't think billionaires will do dark side on this one. {nm} elchan Nov 17, 20:56

You're missing my point. Of course we'll make a killing long run. Short term however should be better than it is vtwebb Nov 17, 20:57

HSX bumped up the IPO from 130 Million Shares to 140 Million Shares. {nm} RotoHockeyYTD2012 Nov 17, 21:18

Still quite a few billionaires left without. ;-) {nm} elchan Nov 17, 21:46

I wonder why HSX have a set shares when they put the brakes on the stock anyway. If it was market driven the price would be alot higher now {nm} JDolphin Nov 18, 00:26





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