007 said:Yes but there will be a good amount of hype for the IPO. Chances are it will go up for a while and then drop like many IPO's for big companies do.
I'm not going to bet my retirement on it, but I think there is definitely some money to be made for those who get in at the bell.
Salient said:I agree, this could be a good way to make fast money. But dont drop everything you have into it....
Remember Vonage.
WhoDatDog said:I'll pay you $100 if you can prove to me that you have ever shorted a stock in your whole life.
WhoDatDog said:I'll pay you $100 if you can prove to me that you have ever shorted a stock in your whole life.
Bountyhunter said:A quick glance atthe S-1 filing shows:
2005 Revenue $139 million Losses 11.6 millon (would have been 13.6 million but they received a 2 million dollar settlement (Verisign?) so would have been 13.6 million in losses
2004 Revenue 72 Million Losses 3.6 million
2003 Revenue 39 Million Losses 774 thousand
2002 Revenue 16 Million Losses 2 Million
Two share classes: A shares for outside investors one vote. B Shares all owned by Bob Parsons having 2 votes. Wont have instutional investors clamoring to get in on this
20 million in losses in 4 years..not near as bad as Vonage's 455 Million to date losses..Caveat Emptor
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