Screwed over backwards?

When I noticed that Elia was doing an IPO, I immediately signed up for some of their stock. I used bank A to do so. The IPO was a superb success, in such that the demand was 10 times higher as the offered stock. This of course results in less stock being awarded to buyers. I got 15% of what I intended to buy :(

Had I known in advance - or did my homework better maybe? - I would have gotten 50% instead of 15%, simply because then I would have asked bank B to perform the buy for me. Anyway, today was the first day the stock was available for sale on the stockmarket and upon introduction it rose close to 5% (which is a good think). Water under the bridge I guess... I'll have to pay closer attention next time when purchasing IPO stock!

Note : Covenant's "Dead Stars" Live Version totally rocks!

Posted by ServMe at June 21, 2005 12:03 AM | Politically Incorrect |

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