They only had a limited amount of shares for the customers. I guess that the requests were much more than they thought. So i guess they are going to give them to the people who are willing to put up more money. I asked for 1000 and i got 300 so i guess i am lucky. I saw on another thread that someone asked for 5000 and got 0.
It's supply and demand. Not enough shares for everyone to get everything they want. Anyone who made a conditional offer should have read the allocation rules and been ready to get ZERO.
That's what I got, a goose egg. I had picked UBS. Fastest way I have ever seen to turn friends into enemies. I will consider cancelling my service as soon as my referral credit runs out, lol..
The Stock Market is just another form of Legal Gambling. So you have to say this that if you didnt get any shares then you didnt win or lose. You now have no chance of losing anything other than the dream of making some quick cash. Sorry to all those who didnt get any shares but that is how the gamble works.
Guys, you can still own VG - just buy at the open. If you believe in the company - this is another solution.
I do think it was a bad idea not to fill all the 100 share orders, but I bet that this was a Underwriter decision and not a Vonage decision.
Think about it from Citibank or UBS's perspective - why go through all the paperwork for a $1700 account - when you can allocate it to a bigger fish instead.
I am SURE VG would have preferred the smaller customers get filled first, because they are more likely to be the "buy-and-hold" type. My gut tells me this was not their decision.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
All times are GMT - 5 Hours
Vonage Service Plans
Vonage VoIP Members
Members New parrxlp New Today 24 Yesterday 21 Total 63373 Who Is On Site Visitors 210 Members 2 Total 212
1 Unlimited calling and other services for all residential plans are based on normal residential use by single-family household members. A combination of factors are used to determine abnormal use, including but not limited to: the number of unique numbers called, international calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.
HIGH SPEED INTERNET REQUIRED. † LIMITED TIME OFFER, VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. As a subscriber to Vonage service, you agree to be bound by the Terms of Service. See www.vonage.com/tos for details. ¤ Where available. The number transfer process takes approximately 10 business days from the time you confirm your transfer request. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.
Thinking of signing up for Vonage but have questions? Business and Residential customers can call Toll Free 24 hours a day at: 1-888-692-8074 No Vonage Promotional Codes or Coupon Codes are required at www.vonage.com.
The Vonage Forum provides the Vonage sign up Best Offer Promotion Deal as a means to offset
our cost. If you are considering signing up for Vonage and have found our Vonage
News, Customer Reviews, Forums & all other parts of this site useful, please
use our Vonage FREE Month sign up offer Deal Coupon.
Vonage VoIP Phone Service is redefining communications by offering consumers & small business VoIP Internet phones, an affordable alternative to traditional phone service.
The Vonage VoIP Forum Generated This Page In: 0.42 Seconds and 438 Pages In The Last 60 Seconds The Vonage VoIP Forum
Members
New 
New Today 24
Yesterday 21
Total 63373
Who Is On Site
Visitors 210
Members 2
Total 212
+0.15