http://dealbook.nytimes.com/2011/06/02/three-banks-grab-groupon-i-p-o/ http://uk.finance.yahoo.com/echarts...n;ohlcvalues=0;logscale=off;source=undefined; Trading on wall street is about robing aum
Weak argument. Does not take too long for an IPO to be shortable. It's a fair game when you are allowed to go both ways. Shorting is a beautiful option.
Nobody is putting a gun to anybody's head to buy a bad IPO. Any asset manager who bought into Groupon should be fired, plain and simple.
it can go the other way. I once owned a mutual fund over there at Janus managed by a very pretty Asian girl. That was the year AOL was up 600% and amazon was up about a bizillion per cent. And both those stocks got bad mouthed the whole year by the reputable investment community. And sure enough, On my DEC 31 statement, there it was, I now owned 1% of amazon.com. And I think she bought it on Dec 31.
be reasonable, even with the weed, you never owned 1% of amazon. maybe the fund owned 1% of amazon. if you owned 100% of the fund then you might have owned 1% of amzn.
"Uncle Slayton's got his Texan pride, Back in the thickets with his Asian bride, He's got a Airstream trailer and a Holstein cow, He still makes whiskey 'cause he still knows how..."
goddamnit what do I have to do with you kids? 1% of my money owned amazon, and that was just because they didn't want to end the year admitting they had missed out.
that's a hell of a song Choctaw Bingo Lyrics (as sung by Ray Wylie Hubbard) Words & Music by James McMurtry Strap them kids in give 'em a little bit of vodka In a Cherry Coke, we're going to Oklahoma To the family reunion for the first time in years It's up at uncle Slayton's 'cause he's getting on in years You know he no longer travels but he's still pretty spry He's not much on talking; he's just too mean to die And they'll be comin' down from Kansas and from west Arkansas It'll be one great big old party like you never saw Uncle Slayton's got his Texan pride Back in the thickets with his Asian bride He's got a Airstream trailer and a Holstein cow He still makes whiskey 'cause he still knows how He plays that Choctaw Bingo every Friday night You know he had to leave Texas but he won't say why He owns a quarter section up by Lake Eufala Caught a great big ol' blue cat on a driftin' jig line Sells his hardwood timber to the shipping mill Cooks that crystal meth because the shine don't sell He cooks that crystal meth because the shine don't sell You know he likes that money, he don't mind the smell My cousin Roscoe, Slayton's oldest boy From his second marriage up in Illinois He's raised in East St. Louis by his momma's people Where they do things different; thought he'd just come down He was going to Dallas, Texas in a semi truck Called from that big McDonald's, you know the one that's built up On that great big ol' bridge across the Will Rogers Turnpike Took the Big Cabin exit, stopped and bought a carton of cigarettes At that Indian smoke shop with the big neon smoke rings In the Cherokee Nation hit Muskogee late that night Somebody ran a stoplight at the Shawnee Bypass Roscoe tried to miss 'em but he didn't quite Bob and Mae come up from some little town Way down by Lake Texoma where he coaches football They were two year champions now for two years running But he says they won't be this year, no they won't be this year And he stopped off in Tuska at that Pop's Knife and Gun place Bought a SKS rifle and a couple of full cases Of that steel core ammo with the Berdan primers From some East block nation that no longer needs 'em And a Desert Eagle that's one great big ol' pistol I mean, 50 caliber made by bad ass Hebrews And some surplus tracers for that old B-A-R of Slayton's Soon's it gets dark we're gonna have us a time We're gonna have us a time Ruth-Ann and Lynn come down from Baxter Springs And that's one hell raisin' town way up in Southeastern Kansas Got a biker bar next to the lingerie store That's got the Rolling Stones lips up there in bright pink neon And they're right down town where everyone can see 'em And they burn all night, you know they burn all night You know they burn all night Ruth Ann and Lynn, they wear them cut off britches And those skinny little halters and they're second cousins to me Man I don't care I want to get between 'em With a great big ol' hard-on like a old Bois D' Arc fence post You could hang a five-rail gate from Do some Sister twisting 'til the cows come home You know we'll have us a time, we're gonna have us a time Uncle Slayton's got his Texan pride Back in the thickets with his Asian bride He's cut that corner pasture into acre lots He sells 'em owner financed strictly to them That's got no kind of credit 'cause he knows they're slackers And they'll miss that payment, then he takes it back He plays that Choctaw Bingo every Friday night He drinks his Johnny Walker at that Club 69 We're gonna strap them kids in give 'em a little bit O' Benadryl And a Cherry Coke we're goin' to Oklahoma Gonna have us a time, gonna have us a time