I purchased the stock at the $34 a share but it looks like its falling fast and there are reports of people pulling out quickly. Should I stick it out or sell?
2007-06-26 09:34:22 · 6 answers · asked by Lisa C 3 in Business & Finance ➔ Investing
and I am not a player who got in on the IPO.
2007-06-26 09:49:08 · update #1
As a general rule, buyout firms make money hand over fist, however the caveat is that it is going to take a couple of years before the fund starts turning over the money they invested hence it will be a long while before they start showing legitimate profits.
2007-06-26 14:25:21 · answer #1 · answered by JSan521704 3 · 0⤊ 1⤋
Yes. Generally speaking, recent IPOs are poor investments.
2007-06-26 10:23:59 · answer #2 · answered by NC 7 · 3⤊ 0⤋
If you're a player who got in on the IPO why are you asking us?
2007-06-26 09:38:29 · answer #3 · answered by canela 5 · 2⤊ 1⤋
GET OUT OF THE STOCK NOW.
I made some nice cash by shorting it at its open.
2007-06-26 16:30:22 · answer #4 · answered by jf 3 · 0⤊ 0⤋
i bought at 36.50 (ipo) should of sold when it hit 37.80 (held too long) sold it at a loss and not looking back sell it now take your losses.
2007-06-26 16:16:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes. (At $30.00 If you don't want to lose more than $4.00 per share)
No. (If you want to sell at $38.00 or at $28.00)
2007-06-26 10:00:37 · answer #6 · answered by Anonymous · 2⤊ 1⤋