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March 25, 2011 – Comments (9)

GNC is IPOing this week.  You gonan buy it?

I am looking at buying some Qihoo

9 Comments – Post Your Own

#1) On March 25, 2011 at 7:02 PM, chk999 (99.97) wrote:

If I buy any at all it will be a token amount (like 5 or 10 shares) just to get it on the radar. Most IPOs have the stock price fade as the lockup agreements end and the original folks start cashing out. At that point I will decide if this is a rocket or a depthcharge and act accordingly.

Thanks for pointing this out, I'd hadn't seen that yet. 

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#2) On March 25, 2011 at 7:26 PM, Valyooo (99.40) wrote:

right but in a bull market the price often goes straight up due to retail instor buying, an invstment banker floor, and a wave of upgrades before the lockup ends

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#3) On March 25, 2011 at 7:32 PM, chk999 (99.97) wrote:

I think we will have a correction at some point. Bull markets don't last forever and neither do bear markets.

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#4) On March 25, 2011 at 7:37 PM, HarryCarysGhost (99.70) wrote:

Excuse my ignorance but what does  Qihoo mean?

I've bought two IPO's in my life. First was Visa and that shot up rather nicely (until the crash of course). Second was CBOE that one I waited for the dust too settle and was able to get a lower price but not at the all time lows.

So I would say it totally depends on the Company.

Sorry if I'm oversimplifying things but thats my mantra for this year.

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#5) On March 25, 2011 at 7:41 PM, chk999 (99.97) wrote:

Looking at the deal a bit, the Ontario Teacher's Pension Plan (OTPP for short) will own about 4/5ths of the shares after the IPO and may be under some pressure to sell. This ones looks like a good one to wait a bit on. 

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#6) On March 25, 2011 at 7:50 PM, kdakota630 (29.62) wrote:

chk999

Agreed.  I reposted a blog from SeekingAlpha.  No time to for me to comment today though.  Probably get to it tomorrow.

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#7) On March 25, 2011 at 10:38 PM, Eudemonic (66.32) wrote:

HarryCarrysGhost: Qihoo, QIHU - Qihoo 360 Technology, another upcoming IPO.

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#8) On March 25, 2011 at 10:55 PM, HarryCarysGhost (99.70) wrote:

Thanks Eudemonic.

My Mandarin is a bit rusty, so I'll check yahoo... : )

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#9) On March 26, 2011 at 8:09 AM, Eudemonic (66.32) wrote:

hcg: It's all greek to me too...

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