i feel bad for those that bought FIG

Discussion in 'Trading' started by hitman4gk, Feb 9, 2007.

  1. FIG was that big IPO that debut today.how many amateurs put in market orders at the open and paid 36 bucks and then got hammered? i actually bought a few hundred at 31.06 and sold at 31.40..just 400 shares after it found support on the intraday at the 31 level.
  2. MingWu


    Why the negative?

    don't you think hedgefunds will be support it at $31 and possibly see $65 next week
  3. I would almost bet money that Goldman is going to be shorting it.
  4. $65? Why not $85 on Monday. BAWHAHAHAHAHAHAAHAHAHA
  5. That POS sees 20 before 65.
  6. You can't short an IPO in the first 30 days.
  7. Wrong, just that you cannot short it, not those who can borrow it.