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I don't pay attention to stocks but Zynga is going public soon!

Discussion in 'BlackHat Lounge' started by m0nster, Jun 4, 2011.

  1. m0nster

    m0nster Senior Member

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    you can read more about it here:
    Code:
    http://www.bloomberg.com/news/2011-06-03/zynga-said-to-be-close-to-hiring-goldman-sachs-to-lead-ipo-extend-credit.html
    this company just keeps growing and as long as facebook keeps growing, kids keep getting older, economy stays how it is, kids stay lazy.........they gonna keep getting ppl joining their games. I'm gonna try and scrape together a few hundred and invest when it goes public =]

    opinions anyone? i know nothing about stocks really (I will seek some advice on this before I do invest though)

    -m0nster
     
  2. dibley69

    dibley69 Registered Member

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    cheers for the heads up could be a little earner, will monitor the business press
     
  3. m0nster

    m0nster Senior Member

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    yea uh...thanks for posting......[​IMG]
    ::droollllllllll::
     
  4. thesilent

    thesilent Supreme Member

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    Groupon will debut even sooner. They have already started the process.

    People who bought linkedin and sold on first day booked great profits. If bankers screw up like they did with linkedin you can make a killing on debut day with groupon too.
     
  5. m0nster

    m0nster Senior Member

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    "if the screw up like they did" care to elaborate please? =]
    yea groupon is awesome too, i'd throw some cash at it, it won't go down on debut for sure.
     
  6. thesilent

    thesilent Supreme Member

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    If the issue price (The price at which You can buy shares during IPO) is far less than debut price it means the bankers did a bad job.
     
    • Thanks Thanks x 1
  7. J1218

    J1218 Power Member

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    I don't know much about stocks either, so does IPO basically mean you can buy shares of the stock before it officially goes public? If so, how does one go about doing this?

    I'd be interested in throwing a little cash at Groupon and Zynga. What's the best way to buy, through eTrade or something?
     
  8. MrE

    MrE Executive VIP Jr. VIP Premium Member

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    The public generally sees very little upside to an IPO, only large investors/investment banks can get their hands on the IPO stock at the prices you are seeing.

    By the time LinkedIn was available to the public it was already pumped up to around $85/share. It is already trading well below that, but if you timed it well on opening day you could have made ~ 15% buying right away and dumping at the peak.
     
  9. thesilent

    thesilent Supreme Member

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    When a company decides to go public (raise money from public like you and me instead of large investors or banks) they do IPO (Initial Public Offering).

    You can buy shares at a price set by the company a week or two before the IPO. The price then fluctuates based on demand and supply.

    If You are going to invest a small amount of money and don't have the time to do research or keep track of prices, invest in mutual funds.
     
  10. book1773

    book1773 Newbie

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    There is some real good money to be made in new ipo's. Here is an example of
    a few..

    Vera Bradley= Doubled in price from the time they went public

    Farmers Market= Doubled in price

    Youku=Tripled in price since it went public

    dangdang== Doubled in price..

    Linkedin = $80.00 opening price and the first day just like the OP
    stated hit at it's high roughly $122 which if you would have got in at the
    opening and got out at its high it would have made you a nice little chunk
    of money.

    The difference between these companies and penny stocks in these
    companies are listed on the NYSE or NASDAQ and are required to show
    complete documentation of financial health of the company.

    Penny Stocks usually gain volume not organically but through pumping
    and dumping ( Email newsletters ) very high risk but not for the one who
    is blasting out the penny stock newsletter because they are all ready
    have there cut if shares before the price rises.

    Most of the clickbank websites that show you how to make a million
    bucks with penny stocks all they do is have you spend your money to
    be put on a list so they can even make more money off of you and
    if your at the top buying long your done..