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**peemovvie** · 05-19-2012, 08:54 AM

So you're now saying that it's too early to measure performance, but wasn't this you two posts ago..."Now the underwriters are having to eat their hype and are buying stock to support all the unsold stock they hold."

Did they or did they not? Terrible day for the IPO, would you disagree? Underwriters never want to have to support stock. Since they ended the day buying, they will start the day buying on monday. That will be a bad start to day 2 of the IPO. Do you disagree? So far, pretty crappy IPO. Do you disagree? If you do, I want to point you to what a successful IPO looks like on the 1st day. Considering the hype, the expected boom, the lackluster buying and the general malaise of the individual investor (the suckers, as Zoo would say) the IPO has been pretty crappy so far. Do you disagree? Or do you need to wait for Zoo?

I expect their market cap will be somewhere around 60-75b within a year. And then we will see if they can figure out a way to make more than a $1.25 off of each user.

05-19-2012, 08:54 AM	#48
peemovvie Join Date Oct 2005 Posts 561 Senior Member	So you're now saying that it's too early to measure performance, but wasn't this you two posts ago..."Now the underwriters are having to eat their hype and are buying stock to support all the unsold stock they hold." Did they or did they not? Terrible day for the IPO, would you disagree? Underwriters never want to have to support stock. Since they ended the day buying, they will start the day buying on monday. That will be a bad start to day 2 of the IPO. Do you disagree? So far, pretty crappy IPO. Do you disagree? If you do, I want to point you to what a successful IPO looks like on the 1st day. Considering the hype, the expected boom, the lackluster buying and the general malaise of the individual investor (the suckers, as Zoo would say) the IPO has been pretty crappy so far. Do you disagree? Or do you need to wait for Zoo? I expect their market cap will be somewhere around 60-75b within a year. And then we will see if they can figure out a way to make more than a $1.25 off of each user.
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