7 ms·
So who's buying the IPO? Seems much better investment than SV companies with little or no profit. I wonder how it will affect YHOO -- Probably worth buying Jan
by xSwag 12y ago
So who's buying the IPO? Seems much better investment than SV companies with little or no profit.
I wonder how it will affect YHOO -- Probably worth buying Jan 2015 $40 calls since Yahoo owns 24% stake, maybe even short AMZN on day of IPO.
- kevin818 12y agoI was thinking the same thing. Is it even possible to buy anything on the first day? I was under the impression it's hard to buy because it's typically reserved for the big spenders.
- adventured 12y agoIf you didn't catch Amazon short at, say, $390+ when it was obviously really crazy, why would you bother after they've already plunged? Don't bother at this point, it's down 30%, most of the gains are over on the Amazon short ride. There are still other excellent short candidates given the market is near an all time high.