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whos buying Survey Monkey (SVMK)@ open?

Old 09-25-2018, 10:36 PM
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Default whos buying Survey Monkey (SVMK)@ open?

whos gonna be buying (SVMK) Survey Monkey
when the market opens @$12.50?
The "big money" just recieved thiers at $12 to start trading when it opens up this morning
Old 09-25-2018, 10:46 PM
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Who knows where it will open at? It’s already oversubscribed and priced above expectations @$12. I would let it trade for a few days then take a look.

I was just looking at my square SQ position today. They allowed anybody who used their CC reader to get in on the IPO back in ‘15. I was allocated 213 shares Square opened up big then fell back to IPO price of $9, now look at it.

I always let the crazies manipulate the stock for the first week and then decide if it’s a good purchase.
Old 09-26-2018, 12:53 AM
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back several years back when ALIBABA come out I waited till 10:30am for it to trade.
managed to get the opening price of $92.50
and in 10 minutes it hit $120 but I got greedy and felt it would make $220 in a week.
watched it fall all the way back to $68 IPO issued price. I managed to break even just to see it in lil over a year or so make it to $200.

If I can buy it (SVMK)near the opening at $12.50 or better I will and sell it @$14
If I can't buy it at $12.50 i will pass.
If it opens at below $12 I will likely walk away also as a sign it won't hold up and it likely will go to $8.

The BABA issue on opening day was the
"Green Shoe" that i had never heard of before and didn't understand till later so that left many unknowing retail investors holding the bag for some time.
SVMK looks to not have a Green Shoe offering.
Old 09-26-2018, 05:41 AM
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Is this the once in a lifetime hot stock Motley Fool is pushing?
Old 09-26-2018, 05:43 AM
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Originally Posted by LI Sound Grunt View Post
Is this the once in a lifetime hot stock Motley Fool is pushing?
Untill the new issue that gets released next week.
Old 09-26-2018, 06:21 AM
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I'll be buying the opening print for a quickie... I'm not anticipating it being anywhere near 12.50
Old 09-26-2018, 07:17 AM
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Initial indication is $25 open... sure that'll continue to fluctuate before the open

Tightening around $20 - any second now...

Last edited by GRSC; 09-26-2018 at 08:05 AM.
Old 09-26-2018, 08:15 AM
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18.75.... beautiful trade!

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