POST Your allocation!!

Posts: 193 · Vonage Forum Master Joined: Feb 28, 2005 Posts: 193

Requested 0 Received 0 But I tried, Intended 400, just not in time. Thank god. From the look of things that would have been 100 alloc.

Posts: 13 · Vonage Forum Associate Joined: May 25, 2006 Posts: 13

vonageipo.com told me I got 0. Then today I log in to check about closing, and I've got 500. So freaking irritated right now. If I'd known, I could have sold yesterday and saved some $$.

I'm going to try to fight it, but I'm not hopeful. A screen print prolly won't mean much.

Anyone else have the ol' switcheroo pulled on them?

Sad

Posts: 1 · New Forum Member Joined: May 25, 2006 Posts: 1

Requested 5000, received 1300. Sold at $13. Feel like crap, and will hate myself if it runs back up, but I know my risk tolerance. I can handle the loss (although it hurts), but I feel worse for others who can't.

Posts: 1 · New Forum Member Joined: May 23, 2006 Posts: 1

Requested 1100 shares, got 300 shares.

Posts: 25 · Vonage Forum Junior Joined: May 25, 2006 Posts: 25

wschalck wrote:

It's probably better in the long term that people that requested 100 didn't get any, because many (from what I'm reading here) seem to not know enough about investing anyway.

you are probably right, i would rather LAUGH at you, than cry with you...

peace-out

Posts: 11 · Vonage Forum Associate Joined: Sep 25, 2005 Posts: 11

i requested 10 and they gave me 1000.

DAMM VG.

Posts: 13 · Vonage Forum Associate Joined: Oct 18, 2005 Posts: 13

PAshton,

You sold at $13, and now the stock is at $12. You shouldn't feel too badly. You could have lost an additiona $1,300 if you'd held on longer.

Plus, you've got $5,200 of capital (short-term) losses that you can use in 2006 & 2007 that will come off of your income (assuming you haven't/don't create a wash sale situation by buying back in last month or this month, and you don't have capital loss carryovers from previous years).

Bill

Posts: 243 · Vonage Forum Master Joined: Jan 18, 2004 Posts: 243

really? that's strange since you were only able to place offers for blocks of 100.

Posts: 3 · New Forum Member Joined: Jun 02, 2006 Posts: 3

asked for 300, and expected it to be priced at the lower end of the range - $13 or so...I was allocated 100

i have decided to refuse to pay. This IPO was horribly managed by Deutche and SmithB. What greedy crooks. What were they smoking?

VG management is letting this PR nightmare go on way too long.

This stock will tank until they bring in a new manager with a rep for slashing costs.

Posts: 476 · Posted: Fri Jun 02, 2006 3:00 pm Post subject: Re: allocation

cozydog wrote:

asked for 300, and expected it to be priced at the lower end of the range - $13 or so...I was allocated 100

Wasn't the range $16-18?