InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
60,095.29
(
1.45%
)
Post# of 51618
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

redsox2445

Send PM Follow Ignore
Followers 0
Posts 765
Boards Moderated 0
Alias Born 08/21/2007

redsox2445

Re: redsox2445 post# 16779

Thursday, 10/25/2007 1:45:23 AM

Thursday, October 25, 2007 1:45:23 AM

Post# of 51618
nevermind guys: So the first trade goes out to the market orders. The price they pay is a "reasonable" amount higher than the limit orders in the queue. What the price winds up being is anyone's guess.

But it is important to understand: there were no trades in the gap.

When Briefing.com reports that an IPO has opened at $60, when the IPO price was $15, there weren't any trades at $30 or $40. The price just jumped, just like it does for non-IPO stocks overnight on news.

You haven't missed out on a $45 opportunity when you see that an IPO has risen from $15 to $60 on its first trade. The opportunity was never there.




My bad

You gotta believe...just like the Red Sox in '04

visit my sports blog http://hottopicsports.blogspot.com

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM

ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM

Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM

Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM

Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM

Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM

Start posting your company's news
Only $200 per official company press release!