The Habit Restaurants, Inc. (HABT)

[mp40bran]

Lol up 90% at 34
A share...

[nomorepinks]

as I expected this priced at high end of its range.. actually it priced higher. original range was $14-16 and they ended up pricing it at $18 due to the demand.. this is a similar thing that happened with Alibaba and many thee stocks. this stock is going to fly out of the gate and the first trade will probably be closer to $21-$23. good luck all

[tste9]

It's off to the races, boys.
http://seekingalpha.com/article/2697595-ipo-preview-habit-restaurants
http://finance.yahoo.com/news/habit-s--better-burger--ipo-will-be-priced-to-soar-172131795.html

[mp40bran]

Dang we might all be friends... The calm before the giant storm. Good luck... I'm loading the boat

[nomorepinks]

I cant speak for anyone else, but I will be getting in on the open. I beleive this stock will run up quite a bit off the start. if you want, you can wait out the day and watch the stock to see how it reacts and buy in before the closing bell. at that point the stock may be up 20% on the day or down 20%.. it all depends on how the quick investors engage in their profit taking. I assume this stock will go up first couple of days. I also believe their will be a Significant amount of volitity. don't be shocked to see this stock up 10% in the first few minutes and then down 15% by lunch. it's all part of a normal IPO

[tste9]

This is where no one knows!. Jump in some where, GL

[mp40bran]

So would it not be smart to strike on the first day?? Would it be ok to get in right before the closing bell the first day

[nomorepinks]

it's hard to give a price to get in.. I'm guessing this with open with a price closer to the higher end of the range ($16).. I believe this due to the hype and strong financials. you are right and we have no idea. typically strong financials are way better than hype. for example, look at gopro just a few months ago. it jumped 30% in a week and over 100% within a couple months. HABT is a strong company however their product is in a difficult market. all we can do is look at comparable companies and their IPOs. Zoe's kitchen and Pollo Loco are decent comps. they both had super successful first months of trading. I expect this to be the same. I would recommend getting in and the open and trade it the first few days."mind your stops"

[tste9]

I'm off that day, I will be watching. At what price you thinking of getting in. To tell ya the truth no one knows with these IPOs where they will go, it's a gamble like everything. Look at FB it dipped down to $16.00 from all the hoopla, now $74. Just jump in and cross fingers. gl.

[nomorepinks]

I think you're right MTN.. this stock has a very low float. the stock will trade in very high volume the first 1-3 weeks and I beleive will eventually settle down around $27-$29. the company has shown solid growth quarter after quarter. if you can tolerate some huge swings in the first couple weeks, you stand to make a decent profit from this IPO. good luck everyone.

[MtnManMike]

It will IPO Thursday.. Nov 20..

around 10:30 - 11am eastern time

[tste9]

Thanks for reply, sorry, but what is the date of IPO.

[mp40bran]

Going to explode... I'm loading the boat..

[MtnManMike]

Welcome aboard tste9

Good to see you, as with any stock it's a game of
risk and reward. Habit Burger is expanding I read that
in 2015 they plan to open 28 new restaurants. The reviews
I read on YELP and trip advisor are about 97% positive.
So yes, I wish everyone the best here... I think that
Habit will parallel share price with ZOES and LOCO .
Two other fast casual IPO's this year.

[tste9]

Let me say that I have been watching the growth of this company, and have lived all over this west, and Habit restaurants, by far beats, 'in and out', 'carls jr', 'whata burger'. I have been waiting to see if the company would go public. I know the food business's are a gamble, far less IPOs,I am going to get in on this IPO.
It will be a little dicey ipo day $14-18 maybe. I think I will sit back first then jump in. GL

[MtnManMike]

The train is leaving, all aboard....

The Habit Restaurants (HABT) IPO will open next week and i'm expecting this stock to be red hot. Habit Restaurants (HABT) operates a fast casual Hamburger chain in 4 states, mainly in California. HABT stock will be hot because they are only releasing 5 million float shares before the lock up expiration in six months. This means low supply/high demand which will create wild price swings, great for trading.

Here are the details of the Habit Restaurants IPO:

Ticker Symbol - HABT
IPO Shares - 5 million
Expected price range - $12-$14
Stock Exchange - NASDAQ
IPO date - November 20th or November 21st
Opening time - between 10:45am - 11:45am EST
Underwriters - Piper Jaffray, Baird, Wells Fargo
How many restaurants - 99
Sales - $84.2 in 2012 to $120.4 in 2013
Float Shares - 5 million
Total Outstanding Shares - 26 million after lock up expiration