IBKR opens @ 50 or so.

Discussion in 'Stocks' started by demoship, May 3, 2007.

  1. I bidded for 300 shares, I got allocated 100.. so the demand for shares is at LEAST double what was issued.

    The IPO price is $30.01
     
  2. mde2004

    mde2004

    I am buying either 500 or 1k tomorrow at market prices. This somewhat made me mad that I barely got any shares. How many did everyone else here get? I am holding this puppy for a while...
     
  3. I'm flipping immediately if the opening print is > 50.

    And i'm pissed too that i only got 100 shares. Hardly worth it now :/
     
  4. I guess the number of shares also depends on your account value.
     
  5. mde2004

    mde2004

    If you don't have at least 100k in assets you are unlikely to get any shares at some firms like E-trade. They are the small retail players that buy when it starts trading up 30% anyway.
     
  6. the allocation has nothing to do w/ account value. OpenIPO doesn't take that into consideration.
     
  7. john12

    john12

    i have high 6 figures and i bid for 10k shares and got 3k only. i'm very angry
     
  8. Anyone want some vonage IPO shares? Only $17...lol
     
  9. mde2004

    mde2004

    Buy on the market tomorrow the other 7k. What if we all bid on the shares we didn't get allocated? The price would be what?
     
  10. S2007S

    S2007S

    why is there so much hype behind this IPO???
     
    #10     May 3, 2007