• Contrarian indicator alert
      • RE: Heading Down the Dow 3/29/2019 5:55PM - in reply to Ghost of Igloi
      • Contrarian indicator alert
      • Ghost of Igloi wrote:

        Contrarian indicator alert wrote:

        Ghost of Igloi wrote:

        Bet they are under the IPO price by at least 20% by year end.

        There’s your BUY signal folks!

        Load up, muppet pie!

        You’re history here as a stock picker suggests this will be a winner. Or are you again saying it’s different this time?
    • seattle prattle
      registered
      • RE: Heading Down the Dow 3/29/2019 6:09PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • Ghost of Igloi wrote:

        https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1

        Why do you cheapen the site with this trash? Honestly, your credibility suffers from stuff like this.
        Do you realize that the stock is up almost 8% on the day? That means that it is trading at almost 8% higher than its offer price. Does that chart depict that? No.
        I don't have any skin in this game but I'm also not afraid to call a rat for what it is.

        And it is an IPO on opening day. Everyone knows it's going to bounce around with little rhyme or reason. And it very well be down 20% within the year. Everyone knows this. It's taken for granted and that's the reality no matter how you want to spin it.
    • Ghost of Igloi
      registered
      • RE: Heading Down the Dow 3/29/2019 6:56PM - in reply to seattle prattle
      • Ghost of Igloi
        registered
      • seattle prattle wrote:

        Ghost of Igloi wrote:

        https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1

        Why do you cheapen the site with this trash? Honestly, your credibility suffers from stuff like this.
        Do you realize that the stock is up almost 8% on the day? That means that it is trading at almost 8% higher than its offer price. Does that chart depict that? No.
        I don't have any skin in this game but I'm also not afraid to call a rat for what it is.

        And it is an IPO on opening day. Everyone knows it's going to bounce around with little rhyme or reason. And it very well be down 20% within the year. Everyone knows this. It's taken for granted and that's the reality no matter how you want to spin it.

        Your credibility suffers when you appear not to not know the qualification requirements to buy at IPO price.
    • Ghost of Igloi
      registered
      • RE: Heading Down the Dow 3/29/2019 7:00PM - in reply to seattle prattle
      • Ghost of Igloi
        registered
      • seattle prattle wrote:

        ... * MIGHT be down 20% within the year....

        I’ll help you restore your credibility for the next IPO:

        “But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”
    • Lemons
      • RE: Heading Down the Dow 3/29/2019 7:35PM - in reply to Ghost of Igloi
      • Lemons
      • Ghost of Igloi wrote:

        seattle prattle wrote:

        ... * MIGHT be down 20% within the year....

        I’ll help you restore your credibility for the next IPO:

        “But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”

        Your credibility suffers when you don’t realize that some ordinary investors paid a lower price.
    • Ghost of Igloi
      registered
      • RE: Heading Down the Dow 3/29/2019 7:53PM - in reply to Lemons
      • Ghost of Igloi
        registered
      • Lemons wrote:

        Ghost of Igloi wrote:

        seattle prattle wrote:

        ... * MIGHT be down 20% within the year....

        I’ll help you restore your credibility for the next IPO:

        “But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”

        Your credibility suffers when you don’t realize that some ordinary investors paid a lower price.

        https://m.youtube.com/watch?v=MWtUVDG5M1w
    • Ghost of Igloi
      registered
      • RE: Heading Down the Dow 3/29/2019 8:11PM - in reply to Lemons
      • Ghost of Igloi
        registered
      • Lemons wrote:

        Ghost of Igloi wrote:

        seattle prattle wrote:

        ... * MIGHT be down 20% within the year....

        I’ll help you restore your credibility for the next IPO:

        “But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”

        Your credibility suffers when you don’t realize that some ordinary investors paid a lower price.

        Suck on this lemon: https://money.cnn.com/quote/quote.html?symb=LYFT
    • seattle prattle
      registered
      • RE: Heading Down the Dow 3/29/2019 8:47PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • Ghost of Igloi wrote:

        seattle prattle wrote:

        Ghost of Igloi wrote:

        https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1

        Why do you cheapen the site with this trash? Honestly, your credibility suffers from stuff like this.
        Do you realize that the stock is up almost 8% on the day? That means that it is trading at almost 8% higher than its offer price. Does that chart depict that? No.
        I don't have any skin in this game but I'm also not afraid to call a rat for what it is.

        And it is an IPO on opening day. Everyone knows it's going to bounce around with little rhyme or reason. And it very well be down 20% within the year. Everyone knows this. It's taken for granted and that's the reality no matter how you want to spin it.

        Your credibility suffers when you appear not to not know the qualification requirements to buy at IPO price.
        We are not talking about the investors. We are talking about LYFT stock price. It closed substantially higher than its IPO price. There was a lot of demand so it opened much higher. Then it came down some.
        The fact that the demand at the open was quite a bit higher than what investors were willing to pay by the close only means that it was well hyped. Monday it may go back up. Nothing to see here, people, move along....
        I could care less about LYFT. But what you see there doesn't say a thing about it's longer term prospects or that it is at all unusual for opening day of a very well publicized IPO.
    • wondering
      registered
    • mister
      • RE: Trews is Wall Street’s Head Muppet 3/29/2019 9:45PM - in reply to Ghost of Igloi
      • mister
      • Ghost of Igloi wrote:

        Wanna make a bet on Q1 2019?

        Best 1st quarter for the S&P in over 10 years. That can't be!
    • Contrarian indicator alert
      • RE: Trews is Wall Street’s Head Muppet 3/30/2019 6:15AM - in reply to mister
      • Contrarian indicator alert
      • mister wrote:

        Ghost of Igloi wrote:

        Wanna make a bet on Q1 2019?

        Best 1st quarter for the S&P in over 10 years. That can't be!

        You must be new here. Rule of thumb: if you want to be a successful investor, do the opposite of what Igy believes.
    • Ghost of Igloi
      registered
      • RE: Trews is Wall Street’s Head Muppet 3/30/2019 7:02AM - in reply to mister
      • Ghost of Igloi
        registered
      • mister wrote:

        Ghost of Igloi wrote:

        Wanna make a bet on Q1 2019?

        Best 1st quarter for the S&P in over 10 years. That can't be!

        Good job mister, I knew you worked hard for this. Add LYFT to your holdings and make sure you keep an eye on the trajectory of your portfolio.
    • mellon
      • RE: Trews is Wall Street’s Head Muppet 3/30/2019 7:10AM - in reply to Ghost of Igloi
      • mellon
      • Ghost of Igloi wrote:

        mister wrote:

        Ghost of Igloi wrote:

        Wanna make a bet on Q1 2019?

        Best 1st quarter for the S&P in over 10 years. That can't be!

        Good job mister, I knew you worked hard for this. Add LYFT to your holdings and make sure you keep an eye on the trajectory of your portfolio.

        Be careful! He'll be posting a picture of you walking off a cliff like he did of me 3 years ago.
        The only problem is, I fell up, not down.
    • Contrarian indicator alert
      • RE: Down goes the Dow 3/30/2019 9:24AM - in reply to Ghost of Igloi
      • Contrarian indicator alert
      • Here are a couple of gems from 10 days ago to illustrate the Igy contrarian factor:

        Ghost of Igloi wrote:

        Better punt on your BA before the football gets blocked.

        Up 2% since that post.

        Ghost of Igloi wrote:

        Wineturtle,

        I have no opinion on TSN, but does not seem a great value at current price.

        I would review the financials on page 23 of the 2018 Annual Report:

        The sales are relatively flat for five years, debt rising as company buys back stock at ever higher prices. Net income is up, but paid no taxes 2018 based on prior losses. I would review risk disclosures in annual statement.

        Igy

        Up 8% since that post.
    • Contrarian indicator alert
      • RE: Down goes the Dow 3/30/2019 10:50AM - in reply to Ghost of Igloi
      • Contrarian indicator alert
      • Ghost of Igloi wrote:

        I’ll be regurgitating all of your bullish posts as the year goes on. 😲🙀

        Bullish posts? I just posted facts. You’re the one who made the dumb predictions.