InteractiveBroker (IBKR) IPO RAISED RANGE

Discussion in 'Stocks' started by mde2004, Apr 30, 2007.

  1. I wouldnt buy the IPO for one reason. Look at all the other online brokerage stocks. None of them appear to be doing well and ALL of have issued bearish guidance.

    If there are so many bears out there about online brokers, then who will buy the stock?

    Now you might see news releases of the IPO being "oversubscribed", but its all hype. Nothing but hype.

    I bet it drops a few points or more before its a buy.
     
    #11     May 1, 2007
  2. mde2004

    mde2004

    Learn supply/demand before you talk about what an IPO will do.
     
    #12     May 1, 2007
  3. ib revs only 14% brokerage ops. Do you research.
     
    #13     May 1, 2007
  4. cvds16

    cvds16

    your not buying a broker, you are buying a market maker business
     
    #14     May 1, 2007
  5. mde2004

    mde2004

    You are buying a global market maker with connections to over 60 exchanges. The retail brokerage business is a small portion of the company. Read the prospectus before posting so you at least sound smart.
     
    #15     May 1, 2007
  6. ib only does 294 million revenue for the year? thats incredibly small for a 10-12 bil cap
     
    #16     May 1, 2007
  7. mde2004

    mde2004

    #17     May 1, 2007
  8. But is marketmaking all that great a business? Won't they get hurt by penny options? I'm not stating an opinion, just asking.
     
    #18     May 1, 2007
  9. Are you kidding? IB is pioneering penny options, they offer a special penny option quotation system, even for ones not supported by exchanges.
     
    #19     May 1, 2007
  10. This ipo is bringing out all the genii, ain't it.
     
    #20     May 1, 2007