posted
Arrggg, 'could that be the Great White Whale to Starboard!!!! 'Me looking glass might be a bit foggy! or is it really The Great White Whale!!!!
Posts: 10729 | From: oregon | Registered: Feb 2005
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I do not participate in IPO offerings. Only one, in all my years, have I wished to have bought; Google.
Estimates are 40.0 to 45.0 opening. I suspect prices will drop slightly, first day, maybe recover a bit, then remain relatively flat.
Many IPO offerings simply fall in prices from the git go, and continue falling.
Most IPO offerings are not a good sign. These offerings are made to raise capital cash. This is a hint a company needs cash and is having a hard time raising cash.
******* Card, I dunno. I would ask what do they have which is better than the other million-zillion credit card companies? No unique product here. Credit cards are not popular but a must have in today's world.
Dustoff, my opinion is there is not enough "stuff" there to cause this to be a wildly profitable IPO as is Google.
Drop a grain of salt on your tongue because I do not participate in IPO offerings and truly know very little about this arena.
posted
She is signing up for more advanced Diving Lessons today...Shes back in Kona..I paid, so she'll be nice to me for awhile! So there! Eat yer heart out whale...She' is in the water today, while the rest of us are a flopping around like a bunch a Land Lubbers!
They are making a night dive at Keauhou to see the Giant Manta Rays tonight as well.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Wish I could send off our daughter. She makes me behave, makes me follow rules, makes me clean up after myself, makes me wear clothes....
Do not allow me to poo-poo your IPO offering. Truly, I am not qualified to comment on this deal. Bast ard Card is very solid, certainly. Probably the oldest credit card company going. I simply do not know enough about IPO offerings and such to add any worthwhile comments.
Might be very profitable, might not! There is safety in this company is well established, solid and probably profitable. I would think potential for loss is minimal.
MasterCard is expected to price at around 11 times annualized earnings, which is low, so there could be a jump in the IPO after-market. "It has a lot of 'hair on it,'" said Francis Gaskins, president of independent research firm IPO Desktop, in a note.
"Longer-term investors are buying into the structural growth of its markets, especially overseas," said Gaskins.
The company posted a $126.7 million profit for the quarter ending March 31, nearly 36 percent higher than the year-earlier period, according a filing with the U.S. Securities and Exchange Commission. MasterCard also said it had sales of $738.5 million during the quarter, up nearly 12 percent from a year ago.
MasterCard and the banks that issue its cards are facing law suits accusing them of conspiring to set fees which merchants pay to banks at an artificially high level.
If MasterCard is found liable in any litigation, it could force the company to alter its pricing structure or business practices, both of which could hamper its profitability, the company warns in the prospectus.
The company also said it expects to post a significant second quarter and full-year loss because it's donating about 10 percent of the stock from the share sale and $40 million in cash to a charitable foundation in Canada.
The organization is being set up to support educational programs that prepare kids for life in the global economy and develop entrepreneurship in disadvantaged areas.
MasterCard customers could also be facing higher lending fees after ratings agency Standard & Poors said it plans to lower the company's debt rating following the IPO.
Then there is the issue of trailing its larger rival, San Francisco-based Visa, which remains a non-public association of member financial institutions.
"It's in a space when not being a leader certainly counts against you," said Tom Taulli, an independent analyst and author of "Investing in IPOs," of Newport Coast, California.
"Visa is the king of the hill in this area and it's hard for a company like MasterCard to become the dominant player...I would be surprised if it had a big jump on the first day."
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq and all other quotes delayed by at least 15 minutes. Reuters does not endorse the views or opinions given by any third party content provider.
Printer Friendly | Email Article Business News ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ------------------------------------------------ ------------------------------------------------- This one reason the Gap will form between the IPO price and the after market.....
Just what we need to hold things together while we get in.....
Once the frenzy begins Ka-Boom! LOL Hey! A pump like a Pink!
I figger my $7500.00 bet is a reasonable risk.. Just might hold out for the upper end of my profit target of 1-2 days 12-16%
You can count on some wild action! All our trading tools [ Toys ] will be working the way they are supposed to, FAST!!!! Liquidity will snap your head back like a 426 Hemi!
I might add $10,000.00 from savings, but I have plenty of time to make that decision...
Playing it FAST! not a hold for me. At 14% thats $2450.00 profit, thats more than enough for a days work for me.
posted
ahaha relax buddy its juts a username besides look at your name "dustoff" who knows what that means
Posts: 55 | From: jersey | Registered: May 2006
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quote:Originally posted by cocaine: ahaha relax buddy its juts a username besides look at your name "dustoff" who knows what that means
------------------------------------------------- Wow, you don't know what Dustoff crews are... Are you a sheltered child?
Username, you got that right...Do you use or sell cocaine? Do you know what the crack epidemic is?
You are obviously out of touch with the World..
By assiocating " cocaine " and stock trading sends a terrible message to young people, did you even think about that?
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
AHAHAHAHH I dont sell or do any drugs but i bet you if cocaine was a stock symbol you would sniff it you cokehead
Posts: 55 | From: jersey | Registered: May 2006
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quote:Originally posted by cocaine: AHAHAHAHH I dont sell or do any drugs but i bet you if cocaine was a stock symbol you would sniff it you cokehead
------------------------------------------------ Hey Alex, your days are probably going to be limited to hours here on Allstocks...Scat little fella your stinking up the place.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Back to buisness....Anybody have a take on the Wall Street Journal article Monkey mentioned..
I have to drive about 30 miles round trip to get to anywhere that might even carry the Journal. lol
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
This nonsense about a $10.00 IPO is rubish..
$80.00 in a short period of time is also rubish. I have not seen one legitimate analyist claim that.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Well, sense I'm so brain impaired this AM, I'll go for another one...Can this be shorted tomorrow as long as it's on an uptrend..Just can't seem to remember diddly squat this morning..
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Here's the rule.. you can technically, but most brokerages label the stock NS - nonshortable.
To be able to short a stock, you usually need to borrow it from an institution such as your brokerage firm. For them to lend it to you, they need an inventory of this stock. Here's where the difficulty can arise with IPOs and short selling: an IPO usually has a small amount of shares upon initial trading, which limits the amount of shares that can be borrowed for shorting purposes. On the day of the IPO, two main parties hold inventory of the stock: the underwriters and institutional and retail investors. As determined by the Securities and Exchange Commission, which is in charge of IPO regulation in the U.S., the underwriters of the IPO are not allowed to lend out shares for short sale for 30 days. On the other hand, institutional and retail investors can lend out their shares to investors who want to short them.
However, only a limited amount of shares would probably be available on the market as the company would've just started trading publicly and the shares may not have been completely transferred. Furthermore, there might be a lack of willingness among investors to lend their shares out to be short sold.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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