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re: Any upcoming IPO's to look at say at 10-20 dollars a share

Posted on 8/30/16 at 11:54 am to
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 8/30/16 at 11:54 am to
quote:


If i have 2k to spend and an IPO is offered at 100@share then i buy 20 shares = 2000

if i own 100 shares at 20 dollars = 2000

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it goes up 10 dollars
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100shares @ 20 = 2000 now 100shares @30= 3000

20 shares @ 100 = 2000 now 20shares @ 110 = 2200




aaaaaaaaaaaaaand this is why i tell people to buy index funds.
Posted by Jon Ham
Member since Jun 2011
28608 posts
Posted on 8/30/16 at 12:31 pm to
quote:

aaaaaaaaaaaaaand this is why i tell people to buy index funds.


Gotta start somewhere.
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