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Vonage You seem very angry with me for some reason. You have ever since I was one of the people
You seem very angry with me for some reason. You have ever since I was one of the people who refused to pay. You paid like a sucker without waiting to see what comes of anything, and you got screwed. You are more than willing to call me a liar if it makes you feel better. I have no idea why SB told me it was a done deal, but they did, and that is what I am going off of. My broker told me that "we will leave it at that" and that my shares were bought out so I am not going to argue with them.
I am deeply sorry that you were moronic enough to send in money. I understand that you must be very upset that you lost money on this and other people have not. Challenging what I am saying because you don't want to believe that it is true makes me laugh, as I am the one off without any losses, you are the one who lost.
Judging from your join date, you are in no position to act as any sort of "authority" on Vonage, the IPO, or anything else relating to this board. I encourage you to learn a bit more about the IPO process and the NASD laws surrounding new issues. I also encourage you to do some reading on IPO historic performance. I think you will then learn that the prudent move would have been to buy VG and sell it 5 minutes after it opened. We have had lots of success with such activities. Take a look at some one day opening day charts of some IPOs this year.
To make sure you are doing your homework and not just pretending to know a thing about any of this, I would like you to answer the following questions,
1. What is the average one day return on IPOs since 1975?
2. What is the average 1 year return on IPOs during the same time period?
3. What was the current (6 month) IPO market like?
4. With the above questions answered, what do you think the prudent move would have been when you were eligible to participate in a new issue of a technology company?
5. Now knowing how the IPO performed, what would be some additional motives for upper management in terms of taking the company public?
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 "You seem very angry with me for some reason. You have ever since I was one of the people" on 06/15/2006 |
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