Glad I didn't get my allocation!

Posts: 5 · New Forum Member Joined: May 22, 2006 Posts: 5

I gotta admit, I was really upset last night when I didn't get my allocation. Way to screw the little guy who wants to buy 100 shares.

For some reason, this morning, I don't feel so bad.

Now I know what Vonage thinks about little guys like me.

Posts: 11 · Vonage Forum Associate Joined: May 19, 2006 Posts: 11

apc131 wrote:

Now I know what Vonage thinks about little guys like me.

that they protect the little guy and stick it to da man?

Posts: 2 · New Forum Member Joined: May 24, 2006 Posts: 2

Ditto! I too requested 100 and got nada & was really upset about it, but now that the stock's tanking, I'm really really glad!!! So here's to da man, danke schon!!! Twisted Evil

Posts: 80 · Vonage Forum Senior Joined: May 24, 2006 Posts: 80

Well, if you liked it at $17, you gotta love it at $14.85 Smile

This has been a strange day for those following Vonage, but it is really too early to make any judgment either way based on one day of trading.

If you did your homework and felt the company was a buy at $17, then you should be happy to get this buying opportunity.

I did my homework and feel the price was and is too high.

One thing is for sure though; Vonage is not a worse company today than it was yesterday. No matter how you see Vonage as a potential investment; I do not think you should let your judgement be clouded by the price movement on any one individual day.

Good luck to everyone!

Posts: 2 · New Forum Member Joined: May 19, 2006 Posts: 2

Good thing this IPO was oversubscribed, this saved customers thousands of dollars. Max 5000 purchase limit was narrowed down to 1300, this limits losses to everyone and taking losses on 5000 would really hurt.