I disagree. It was a minor factor. Suppose the number offered was 20 million. It would open lower and not go as high as well as not go up by the same percentage as it did at 6.5 million. But, it would have gone up and money would have been made. Reading or not reading had zero to do with the trade or profit.
Getting filled at $120 would have been okay, but you had better have had some serious liquidity/margin to buy enough shares at $120 to make any money, and not disrupt your current portfolio. $120 x 1,500 shares = $180,000 1,500 x $18 = $27,000 That assumes the current $138 I'm seeing. That's another real bonus of the $59 subscription price.
Hope you didn't buy in the last hour with no stop loss....Many people made a killing today and I was one of them, but I wouldn't touch this thing with size unitl it hits 90 something for a long term buy.... Pain just hit some investors on this goldmine!!!! $COSTAverageMAN
A seat at the Nymex costs $5.8 million but its 816 seatholders were given 90,000 shares of pre IPO stock http://www.bloomberg.com/apps/news?pid=20601087&sid=aEWYuliwBYAU&refer=home