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Vonage I really can't be on here all day responding to your inane comments.
First
I really can't be on here all day responding to your inane comments.
First of all, I would not judge my ability to find my way through a financial statement. I think if you ask all traders in the world 90% of them would tell you that trading is psychological. You get a innovative company like VG with a product that will probably become the standard in years to come, you look at non quantitative factors to determine what you think it will do. I of course thought that it would do much better than it did, but my basis for wanting to participate was not based off of the sterling VG income statement, but off of the fact that stocks move with emotion, not always the straight numbers. This is particularly true in IPOs where you see such excitement about new issues making one week returns for IPOs so high, and then once the interests fizzles a bit, you see steep declines in the year that follows. You really need to admit that you do not know who you are talking to over the internet. I appreciate that you think you are more informed about this business but the fact is you are not.
Secondly, I did very well in business school. I'd love to fax you a transcript if you like.
Thirdly, You really discredit yourself by just coming out and saying that the whole financial field is a mess because of the president. I am not sure how that really works out. Historically (i know you do not like history), global equity markets have faired much better when a republican is in the white house as opposed to a donkey. Thats just the way it works out, so stating that the whole field is a mess because of the president is just plainly historically and factual incorrect.
I can give you a list of way more unstable industries in the United States. Banks and brokerage houses have been spitting out huge earnings for years now (coincidence, Bush has been president). Are you saying that the financial industry is more "unstable" than the auto makers? Tell me a bit about GM and Ford's woes these days, and then tell me how GS and C have been doing. Your comments about the financial industry being unstable is just plain wrong.
I really have enjoyed the opportunity to debate the facts and fictions of this IPO and how it will rank in history in terms of performance. You are refusing to admit many facts regarding this IPO and the science of quantitative finance and IPO theory. If you are very interested in this field I encourage you to go to business school and focus in on this area, as it is very interesting. It will be very interesting to see how this matter is resolved and what the courts, VG, and banks do. It will also be very interesting to see the effect of including customers in on the deal has on future IPOs of subscriber based companies. I wish you good luck with whatever non-financial industry you work in.
Read The Full Thread: Breaking News - My Stock Was Bought Out
• Stock was bought out, owe no money.
• Did you sell the shares?? Or did you just let it sit?
• Unfortunately I just paid for mine and received a notice that they sold it last
• I sold the first day
• This has got to be the most moronic stock trade in the history of the NYSE if what
• I too sold the first day and i have yet to pay for the shares. Actually i did send in
• I would hold off on paying for the shares. Seems like the trades were already bought
• Woo Hoo Woo Hoo Hoo
• So if Smith Barney is paying all the non-payers off, why are there still class action
• Only a very small portion of people are non payers. The class action suits, which
ckudrna posted "I really can't be on here all day responding to your inane comments.
First" on 06/16/2006 |
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