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To: fight_truth_decay

Trade it any way you like, m’friend...and my best wishes to you. I won’t be playing, except on the short side.


41 posted on 11/15/2010 7:21:32 PM PST by SAJ (Zerobama -- a phony and a prick, therefore a dildo.)
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To: SAJ
I don't trade on IPO’s. This is not my personal recommendation—this is just general knowledge about GM’s IPO with information being reported out there.

An outsider Trading in an IPO with for a quick sale, burns the bridge for their next possible IPO. THIS IS NOT like the dotcom startups IPOing in 1999 for the next big thing.
These companies going the route of the IPO which is not made in comparison are only doing so because they have to— new venture capital is difficult to find, the companies are burning cash and getting financing from the stock market seems the last best solution. When the government has its bulls-eye painted on the backs of ALL business, investors shy away. When living the American Dream is punishable by more taxes and/or more regulation —it's wise to proceed with caution.

45 posted on 11/15/2010 10:56:36 PM PST by fight_truth_decay
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