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MEGL IPO starts Friday

Posted on 8/2/22 at 4:59 pm
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/2/22 at 4:59 pm
I'm hearing this will be the next target for this Chinese "IPO attack group". Take this as you will but I'm throwing some money at it on Friday.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4465 posts
Posted on 8/2/22 at 5:01 pm to
What’s the ticket symbol? Schwab doesn’t have megl
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/2/22 at 5:02 pm to
MEGL...not available on all platforms yet
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 8/2/22 at 5:07 pm to
Any guesses to when this will open to the Avg retail investor? at the opening bell? noon ? 2pm? the longer it goes during the day the more retail will be screwed once it opens. What is supposed to be the IPO price?
Posted by deathvalleytiger10
Member since Sep 2009
7583 posts
Posted on 8/2/22 at 9:32 pm to
quote:

I'm hearing


Where? Link?
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/3/22 at 9:15 am to
You can listen to Tony Denaro's video for more details:

LINK
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/3/22 at 9:38 am to
This is starting to get some real buzz, see another video mentioning Fridays MEGL IPO. Trade at you own risk:

LINK
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 8/3/22 at 10:22 am to
Are we going to be able to buy it on E*Trade?
Posted by Salamander_Wilson
Member since Jul 2015
7689 posts
Posted on 8/3/22 at 12:05 pm to
I threw $750 at it through WeBull just to see what happens.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/3/22 at 4:08 pm to
quote:

Are we going to be able to buy it on E*Trade?


Alot of platforms including mine (Fidelity) won't have it until it's release on Friday.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 8/3/22 at 4:25 pm to
quote:

Alot of platforms including mine (Fidelity) won't have it until it's release on Friday.


Well that's where they get retail . 5 hours later it's available to the little man at 5 times what it was worth 5 hours earlier

quote:

I threw $750 at it through WeBull just to see what happens.

Brother you may have a chance to be rich. get out an hour after they release it to retail.
This post was edited on 8/3/22 at 4:27 pm
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4465 posts
Posted on 8/3/22 at 4:59 pm to
F-ing set up my webull account too late. Made a deposit through ach and they won’t let me buy the IPO, only trade. That’s frustrating!
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/3/22 at 5:00 pm to
quote:


Brother you may have a chance to be rich. get out an hour after they release it to retail.


I don't think it rips until the following week honesly.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/3/22 at 5:00 pm to
Teddy Zane is live now talking about this:

Teddy Zane MEGL
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 8/3/22 at 6:43 pm to
quote:

I don't think it rips until the following week honestly.

I'm going to guess it gets a nice pop right before they hand it off to retail midday. Any guess on what the actual offering is supposed to be priced at?
Posted by Salamander_Wilson
Member since Jul 2015
7689 posts
Posted on 8/3/22 at 7:16 pm to
Webull has it at $4-5
Posted by FLObserver
Jacksonville
Member since Nov 2005
14468 posts
Posted on 8/3/22 at 8:19 pm to
quote:

Webull has it at $4-5

Will probably drop to retail at 25.00
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30555 posts
Posted on 8/4/22 at 7:24 am to
Put $1250 in on Webull this AM
Posted by Salamander_Wilson
Member since Jul 2015
7689 posts
Posted on 8/4/22 at 9:50 am to
Just upped my order from $750 to $1500.

Seems to be a lot of buzz around this so I’m almost positive if I get any shares at IPO price it’ll not be the full allotment I asked for.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/4/22 at 10:23 am to
I'm putting a good chunk of change into this as soon as it hits Fidelity tomorrow morning.
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