David Hawkins Posted November 4, 2010 Report Share Posted November 4, 2010 When is the BEST time to Buy New Stock.....When it is First Offered or After the Hype? I heard this Morning on the Radio that General Motors will be offering New Stock on the NYSE very soon if they haven't already. Link to comment Share on other sites More sharing options...
twobjshelbys Posted November 5, 2010 Report Share Posted November 5, 2010 When is the BEST time to Buy New Stock.....When it is First Offered or After the Hype? I heard this Morning on the Radio that General Motors will be offering New Stock on the NYSE very soon if they haven't already. IPOs like this will churn. All of the shares will already be placed with investors. The total number of shares traded will likely be 3x the total number available (meaning, they will change hands 3 times during the day). The stock will reach an unrealistic high, then drop like a rock. Day trade it, but you still might not make any money. I'll be avoiding it like the plague. Link to comment Share on other sites More sharing options...
DDT Posted November 5, 2010 Report Share Posted November 5, 2010 The "Stock Market" is an "EVIL CHARADE" of "INSIDER CONARTISTS"!!!!!!!!!!!!!!! Simular to our "CURRENT GOVERNMENT"???????? Link to comment Share on other sites More sharing options...
ilmor Posted November 5, 2010 Report Share Posted November 5, 2010 It's been reported more than once that the GM stock IPO price will be FAR in excess of its value. I also don't trust this because the Gov't is involved. There's no way I would buy it now. Buy Ford if you're going to purchase automotive stock. Link to comment Share on other sites More sharing options...
MY500SS Posted November 5, 2010 Report Share Posted November 5, 2010 If it came in around Fords $15 per share I would of bought in, but not at the estimated $26 to $29 per share. I'm not touching it....................yet. Link to comment Share on other sites More sharing options...
springer Posted November 5, 2010 Report Share Posted November 5, 2010 Do not touch the GM IPO, it will be wayyyyy toooo high, and tank accordingly. The best deal right now is the blue oval, ticker symbol F. It has been on a roll and the upside is, it will keep going. It closed at around $15.85 today. A month ago it was hovering in the mid $12's. If you bought it then, you'd have been up over 15% now. Not bad for a 30-day investment. If you bought Ford 1 1/2 years ago, a $50,000 investment would be about $500,000 now. Ford is on a roll, and it's gonna keep rolling. Their cars are much more popular in Europe than the GM offerings. Ford could see $20 to $23 yet this year. If not, give it some time, it will be there very soon. Link to comment Share on other sites More sharing options...
Glenn Greenwell Posted November 5, 2010 Report Share Posted November 5, 2010 I wouldn't buy until after it is released and settles, you may or may not make money on the IPO. Would ask for help from your broker if you decide to proceed. I wanted to buy 10,000 shares of Ford when it was at just over a dollar and my broker said Ford was done, go figure>>>> I bought a 100 shares to be able to get the x-plan pin at around $9.00, The market is moving so fast this past few weeks I suspect a pull back and profit taking in the near future. GG Link to comment Share on other sites More sharing options...
MikeCMM Posted November 5, 2010 Report Share Posted November 5, 2010 I'll stick with KMP. The dividend has always been good even during 08. Link to comment Share on other sites More sharing options...
hotrodric Posted November 5, 2010 Report Share Posted November 5, 2010 When is the BEST time to Buy New Stock.....When it is First Offered or After the Hype? I heard this Morning on the Radio that General Motors will be offering New Stock on the NYSE very soon if they haven't already. GM like Ford is doing much better than 2 years ago, but IPO's are usually hard to obtain. The Brokerage houses that handle the IPO will offer them to their largest customers before you or I ever get a sniff. As a result you could end up paying much more than the original IPO price and within a day or two prices will correct to a realistic market value mainly based on earnings. If you take the risk, you have to be prepared for the results what ever they will be. I would never invest money that I could not afford to loose. If you use this rule while you may feel the sting of a loss, it hopefully will not impact your standard of living. The Fed announced on wednesday another round of quantitiave easing (QE2 $600 Billion) targeted to keep long term interest rates low and stave off deflation. With policy like this, a lot of investors move out of treasuries and into commodaties like Gold, Silver, Copper, Oil, etc. I beleive theat much of the current upsurge in the market is speculative due to the expected devaluation of the dollar that will come as a result quantitative easing which some say it could be as high as 20%. As the dollar looses value as compared to other currency, commodities and everything that is commodity based goes up in price. The market is going up, and while most of these companies are making very good earnings, I think the rise most likely is not soly due to performance, but speulation on the value of the dollar. And remember timming in the market is everything. Buying while the market is low or rising and selling at the top is how to make money. But the engines of todays markets are technology based, trades are made in milliseconds with hundreds of millions looking for even a 1 cent gain , something you or I could never do. Individual investors today are at a real disadvantage when compared to the institutional invertors, but there still are opertunities if you take time to study the market tends, individual companies and the like, but this can be a full time job and if you want to drive your Shelby... well you get the picture. Link to comment Share on other sites More sharing options...
MY500SS Posted November 5, 2010 Report Share Posted November 5, 2010 I wouldn't buy until after it is released and settles, you may or may not make money on the IPO. Would ask for help from your broker if you decide to proceed. I wanted to buy 10,000 shares of Ford when it was at just over a dollar and my broker said Ford was done, go figure>>>> I bought a 100 shares to be able to get the x-plan pin at around $9.00, The market is moving so fast this past few weeks I suspect a pull back and profit taking in the near future. GG Mine told me the same but I went ahead and picked up anyways . The joke in our house was "don't listen to Dan....he bought Ford". Look who's laughing now. Link to comment Share on other sites More sharing options...
Doug_GT350 Posted November 5, 2010 Report Share Posted November 5, 2010 The Fed announced on wednesday another round of quantitiave easing (QE2 $600 Billion) targeted to keep long term interest rates low and stave off deflation. With policy like this, a lot of investors move out of treasuries and into commodaties like Gold, Silver, Copper, Oil, etc. I beleive theat much of the current upsurge in the market is speculative due to the expected devaluation of the dollar that will come as a result quantitative easing which some say it could be as high as 20%. As the dollar looses value as compared to other currency, commodities and everything that is commodity based goes up in price. The market is going up, and while most of these companies are making very good earnings, I think the rise most likely is not soly due to performance, but speulation on the value of the dollar. as a follow up to this point......... Dollar at Risk of Crashing, Triggering Inflation: Strategist http://www.cnbc.com/id/40007252 Link to comment Share on other sites More sharing options...
ilmor Posted November 13, 2010 Report Share Posted November 13, 2010 Inflation is coming, big time....but shhhhh!! The "current administration" doesn't want this to be known. But all one has to do is look at the SOARING commodity prices, which have not yet translated into higher costs on the store shelves...but this can't last much longer.... Link to comment Share on other sites More sharing options...
GT500-07 Posted November 13, 2010 Report Share Posted November 13, 2010 Mine told me the same but I went ahead and picked up anyways . The joke in our house was "don't listen to Dan....he bought Ford". Look who's laughing now. +1 Link to comment Share on other sites More sharing options...
MY500SS Posted November 13, 2010 Report Share Posted November 13, 2010 Inflation is coming, big time....but shhhhh!! The "current administration" doesn't want this to be known. But all one has to do is look at the SOARING commodity prices, which have not yet translated into higher costs on the store shelves...but this can't last much longer.... Good call ilmor. I've been seeing the same. Link to comment Share on other sites More sharing options...
TheKurgan Posted November 13, 2010 Report Share Posted November 13, 2010 So short it. Be another way to beat those GM lovers. Link to comment Share on other sites More sharing options...
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