Who wants to bet that Vonage will outperform Interactive Brokers in the next 3 months? I hate to say that IB is the next Vonage, because Vonage will probably do a better job then IB in the days to come. Look, Vonage is already up 10% today while IB is down yet another 2%. It didnt have to be this way for IB, but they brought it upon themselves. Here are the list of mistakes: - Upping the price and upping the float at the last minute, priced too high and float too large - Auctioning off shares to the general public through brokers such as Sharebuilder.com - Going public at the start of May, a time of known weakness - Using a little known underwriter for the IPO versus a big named brokerage like Goldman Sachs In addition to this obviously problematic IPO, I want to point out the multiple issues with IB's platform namely: - Security - System crashes - Customer service - Hidden charges - too many to list - Charts no good Its difficult for me to picture IB as a growth name when other online brokerages like TradeStation seem to be living hand to mouth. Tradestation, by the way, is a much better platform with no system crashes. So the race is on, Vonage or IB. Which will outperform?