Originally Posted by WakingTheBull As we approach our Second Year we rely on our members support, If you value the profitable information found on WAKINGTHEBULL.COM THEN $CLICK HERE TO DONATE$ Please donate so we can continue to provide valuable information to our grassroots community. Adam Smith's (The Father Of Economics) mantra " that an individual pursuing his own self-interest in a free market tends to also promote the good of their community." SO PLEASE SHARE YOUR TRADE IDEAS! Here is a look at how the major Indices fared this week: DOW ($INDU) The closed down 5.38 @12977.57 above it's MA(200)@12009.40 S&P500 ($SPX) The S&P 500 closed up 3.89 @1369.63 above it's MA(200)@1258.66 Volatility Index ($VIX) The Volatility Index closed down .02 @17.29 under it's MA(200)@26.11 Baltic Dry Index ($BDI) The Baltic Dry Index, an index that measures shipping spot freight rates of various ...
Originally Posted by WakingTheBull After hitting 26, it settled today to close @ 17.46. This might have some trade left for it, but the cost of music licensing versus profit potential with current business model is a question to it's underlying fundamentals. Anyway another IPO I'm watching.....
RE - IPO AFTER EMERGING FROM BK TODAY Close @ 34.19 after one point hitting a high of 35.99. " Old GM's Creditors Make $5 Billion in IPO, Are Entitled to More By Tiffany Kary and Linda Sandler - Nov 18, 2010 4:53 PM ET General Motors Co.’s $20 billion initial public offering will benefit creditors of the former GM, who made about $5 billion on the IPO and can buy millions of new shares for as little as a third of today’s price. GM’s bankrupt estate was issued 150 million shares, or 10 percent of stock in the new company, to help pay off creditors - - stock that’s worth about $5.1 billion, based on today’s closing price. Old GM is also entitled to warrants for about 273 million shares at between $10 and about $18 each, according the company’s Nov. 17 filing with the Securities and Exchange Commission. The estate is still calculating its liabilities, which were $36 ...
Auto Maker, Other Overseas Purchasers Seen Taking 16% of American Icon's New Share Offering NEW YORK—In a sign of the changing fortunes of the world's top two economies, China's biggest auto maker, SAIC Motor Corp., is negotiating to acquire a stake of about 1% in General Motors Co. worth about $500 million, according to a person familiar with the matter. The U.S. auto maker also is prepared to sell more than $1 billion worth of shares to sovereign wealth funds in the Middle East and Asia. Combined, the sales would give foreign investors roughly 16% of the shares to be sold next week under an initial public offering of stock, and give them a stake of some 4% in the Detroit auto maker. GM declined to comment on the investment talks. The issue of overseas investors buying GM shares in the company's IPO has been a sensitive one for the U.S. government, which plans to reduce its 61% stake in the auto maker to about 35% through the IPO." ...
looking to trade it and collect some free shares long for kicks $- Trouble with IPO's is there is no chart history, so just got to play the momentum either way. General Motors may just be pumped up so that good old Uncle Scam can recoup some of that bailout money, for you the tax payer of course. LOL I think they will be still trading under GM, for the old General motors, but will know in the morning see ya in the live chat. Night All-
GM IPO filing expected Tuesday (Reuters) GM Expecting to IPO Tuesday... Will have to see how the market responds. Click Here To Read Full Article:
Originally Posted by WakingTheBull TSLA opened at $19 a share Tuesday, 12% above the offer price of $17 a share. Hitting a high of 21.51 intra-day
Tesla Motors prices 13.3 mln share IPO at $17.00/share, above the expected $14-16 range
Originally Posted by WakingTheBull Article: Tesla Says There's No Collaboration Agreement With Toyota