Seeking Alpha
  • Edgar Ambartsoumian
    Can anyone explain how a retail investor could've bought Yelp at $15/share at a private placement? day's low was $22, was it not?
    3/2/12
    Reply (4)
    • 1980XLS-2.0: What does today's market price have to do with what a private placement may have priced in the past?
      3/2/12
    • Edgar Ambartsoumian: I need an answer for my first question. My second question was mostly around the fact that stock sites show a gain of +63%, which is wrong
      3/2/12
    • Edgar Ambartsoumian: Shouldn't the gain be calculated to when the public could buy from, the low of $22?
      3/2/12
    • 1980XLS-2.0: Gain was likely calculated by the IPO issue price. The IPI issue price is not "Private Placement"
      3/2/12