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stevesantiso

stevesantiso
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  • Not All Investors Are Waiting For Facebook: Yelp IPO Opens Up Over 46% [View article]
    the primary market shares were put into the system in the morning, which drove the price up. these are the shares that the investment banker guys own, etc. then they release the rest of the shares to the public on the secondary market. the secondary market is the market that us internet traders trade on using our scottrade and whatever accounts. but by the time it made it to the secondary market this morning (it usually takes a couple hours after the morning bell because they usually have a ceremonial first trade by the CEO, etc.), the price was already at $22 because of the primary market trading. kinda confusing - make sense though?
    Mar 2, 2012. 02:19 PM | Likes Like |Link to Comment
  • Facebook Filing For IPO As Early As Wednesday? [View article]
    When they post their S-1, we'll have a good idea
    Jan 27, 2012. 10:47 PM | Likes Like |Link to Comment
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