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IBDvalueinvestin (99.67)

SYNC IPO was suppose to be $10-12/shr but currently trading $7+

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March 22, 2012 – Comments (3) | RELATED TICKERS: LNKD , P , SYNC

but as usual the bankers somehow managed to pull the rug from a fast growing small cap player once again. Instead they reward the likes of LNKD, P and Facebook with the Giant Over Priced IPO payday.

 

 

Synacor sees IPO priced at $10-$12/shr

 

Mon Jan 30, 2012 12:06pm EST

(Reuters) - Synacor Inc, partly owned by Intel Corp (INTC.O), said it expects its initial public offering of 6.8 million shares to be priced between $10.00 and $12.00 per share.

 

 http://www.reuters.com/article/2012/01/30/us-synacor-idUSTRE80T1AC20120130

 

3 Comments – Post Your Own

#1) On March 22, 2012 at 2:14 PM, IBDvalueinvestin (99.67) wrote:

They did the samething with INVN , but now after a few months INVN is in the $20's

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#2) On March 22, 2012 at 3:55 PM, Mega (99.96) wrote:

$7 is still too expensive for SYNC.  And $20 is too expensive for INVN.

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#3) On March 23, 2012 at 11:09 AM, IBDvalueinvestin (99.67) wrote:

Mega-Short , SYNC is not one of your .ob or .pk picks you love to rate as underperform.

TV is going to all media devices and nothing will stop it from happening because consumers are the ones who are demanding it happen. Companies scared that they will lose their customers to AMZN, CSTR & NFLX are rushing to sign up with SYNC to provide TV to all their customers media devices.

 

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