What do you guys think about the Fortress IPO on Friday? Is it a sucker play right after it goes live and is already triple the 18.50 range, or is it going to the moon like NMX? It made the front page of the FT this morning, describing the demand for the shares as "insane and ridiculous", and is "25x oversubscribed". I know when you see a front page article, it is normally the worst time to go long, but I wonder how greedy everyone will get.
Make it easier on all sides. Just give them some money. How good could a hedge fund be if it has to go public?