Comments on: Poll: So, Did You Buy Visa?

By: Sun

Sun — Sat, 19 Apr 2008 13:41:03 +0000

Mike: For that stock (and some other stocks I bought on IPO day on secondary market), I can only place limit order and my limit was $60. So I got the stock as soon as it opened on secondary market and dipped below $60. Of course, from what I saw if I didn’t place limit order and instead waited throughout the day, then I could have got the stock at a better price. It’s a “gamble” when the stock can go either way. However, as you said, looking at the current price level and if I plan to hold the stock for a long time as I will, then whether I bought it at $57 or $60 doesn’t really matter that much, as long as I bought it early

By: mike

mike — Sat, 19 Apr 2008 13:29:18 +0000

Yes, but I think people who even were buying through some online brokers got in at a better price than $60… but who cares right..that is a good entry point

By: Sun

Sun — Fri, 18 Apr 2008 01:44:03 +0000

Mike: IPO stocks are usually not available on secondary market on the IPO day when the stocks open to trade. There are always delays. Not much the broker can do if the stock is not available.

By: Mike

Mike — Thu, 17 Apr 2008 00:05:36 +0000

Your broker didnt execute until almost 60 bucks? She/He screwed you royally

By: doda

doda — Sun, 23 Mar 2008 09:43:59 +0000

Well I purchase 250 shares as soon as it was available and as of now looking at a 14 percent gain even my helper who just finished his bachelors degree hop on the band wagon but also was looking at the job market in our local area and join the air force to futher his education .Wow a great young man with a b average told me the best offer was slinging hambugers at 9.25,sorry little off topic I quess but I look for visita to drop back for awhile then pick back up maybe next year…