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Any you folks get in Fig IPO before it opened on the market???

Posted on 7/31/25 at 1:33 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
16093 posts
Posted on 7/31/25 at 1:33 pm
if so congrats .Aint touching at these opening prices. Big Brokers make bank off the stupid retailer investors right out the gate.
Posted by rmc
Truth or Consequences
Member since Sep 2004
27370 posts
Posted on 7/31/25 at 2:42 pm to
I used to be more into computers, programming, technology and the emerging open source community in the late 90s/early 00s. I read the Linus Torvald biography when it came out. He created the Linux kernel for those unfamiliar with his name. Here is a link to the book on Amazon. It's an interesting book for people who are into that stuff. His book was published in Mid 2002 which was just coming off the dot com bubble.

One of the more interesting things I read in the book was his commentary on the access he was given to IPOs before the public for organizations that built their business model around Linux. Here is a story I found from the NY Post regarding one of them - Transmeta. And there are many more stories where the IPOs without any good reason went crazy once the public had access. Redhat was another.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45934 posts
Posted on 7/31/25 at 2:52 pm to
Why you calling me a FIG?
Posted by barry
Location, Location, Location
Member since Aug 2006
51397 posts
Posted on 7/31/25 at 4:44 pm to
quote:

Any you folks get in Fig IPO before it opened on the market???


no one here did

Also some bankers are going to get fired after this
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5157 posts
Posted on 7/31/25 at 5:10 pm to
quote:

no one here did


Because everyone’s money is tied up in PEW.
Posted by lynxcat
Member since Jan 2008
25188 posts
Posted on 7/31/25 at 9:37 pm to
quote:

Also some bankers are going to get fired after this



No kidding. The amount of capital FIG could have raised versus the actual market cap by end of day. If I was on the executive team, I would be furious with the IB guidance. You want it to pop some...but you don't want to leave 250% on the table.
Posted by Craft
Member since Oct 2019
1244 posts
Posted on 7/31/25 at 10:30 pm to
Aren’t you locked into your shares for a certain amount of time
Posted by FLObserver
Jacksonville
Member since Nov 2005
16093 posts
Posted on 8/1/25 at 4:52 am to
quote:

Because everyone’s money is tied up in PEW.

Posted by dstone12
Texan
Member since Jan 2007
40384 posts
Posted on 8/1/25 at 6:39 am to
quote:

Because everyone’s money is tied up in PEW.


lol.

I got in yesterday thinking the dip is over.


This board is as entertaining as the OT sometimes.
Posted by rmc
Truth or Consequences
Member since Sep 2004
27370 posts
Posted on 8/1/25 at 7:22 am to
quote:

Aren’t you locked into your shares for a certain amount of time


That's a good question. I don't know. I would think so but I am not too familiar with how all of that works.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5157 posts
Posted on 8/1/25 at 7:56 am to
This stock will be a mess for a while. When I looked at it my first thought was this is perfectly positioned for an Adobe buyout. By the second article I learned the IPO was the result of a failed Adobe buyout, and it’s now its worth far more than their offer.

You’re in a pretty tough place when you need to shed value in order to eventually pair with your destiny.
Posted by bulldog95
North Louisiana
Member since Jan 2011
21221 posts
Posted on 8/1/25 at 3:14 pm to
I got 1 share at $33

My buddy got 13 shares at $33
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33505 posts
Posted on 8/1/25 at 7:27 pm to
I also got one share at $33. I don’t believe your buddy got more than 1. I can’t find anyone who got more than one through Robinhood
Posted by FLObserver
Jacksonville
Member since Nov 2005
16093 posts
Posted on 8/4/25 at 5:02 pm to
Got to love these IPO's. Down 33 today.
Posted by bulldog95
North Louisiana
Member since Jan 2011
21221 posts
Posted on 8/4/25 at 6:48 pm to
quote:

I also got one share at $33. I don’t believe your buddy got more than 1. I can’t find anyone who got more than one through Robinhood



Like I said he got 13 shares on Robinhood


This post was edited on 8/4/25 at 6:49 pm
Posted by Cuz413
Member since Nov 2007
11215 posts
Posted on 8/4/25 at 7:41 pm to
I requested 2 shares and got 2 shares, which is barely more than 1.

My kid put in for 4 but was awarded 1

Sold same day @ $103


There is a limit on how many IPOs you can sign up for and sell in like a 6 month period before you get put in timeout.
This post was edited on 8/4/25 at 7:46 pm
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33505 posts
Posted on 8/4/25 at 8:20 pm to
That’s crazy. Tons of people requested a lot and got 1 share
Posted by bulldog95
North Louisiana
Member since Jan 2011
21221 posts
Posted on 8/4/25 at 8:45 pm to
Everyone I knew myself included only got 1 lol

No idea how he got 13
This post was edited on 8/4/25 at 8:46 pm
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