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Will be able to see the profile ahead of time for IPOs?

14 messages,  Last post on Mar 11, 2008 at 2:52 PM

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What is this discussion about? Automotive News, Future Vehicle

Messages Page 2 of 2

#5 of 14 Re: IPO time? [mikedrud] by chung

Mar 10, 2008 (2:14 pm)

Replying to: mikedrud (Mar 10, 2008 9:48 am)
Can you just confirm the release of 3 vehicle stocks?
I might need to free up more cash if necessary to buy the 3 new IPOs.
 
Thanks,

#6 of 14 Re: IPO time? [chung] by mikedrud

Mar 10, 2008 (3:29 pm)

Replying to: chung (Mar 10, 2008 2:14 pm)
We are definitely releasing the 3 vehicles, and here are the expected IPO prices:
 
2009 BMW X6: $14.40/share
2009 Hyundai Sonata: $67.50/share
2008 Acura RL: $6.75/share
 
Remember, those initial prices are based on unit sales forecasts for the first 6 months those vehicles are on sale.
 
Best,
 
Mike
CSX Game Supervisor

#7 of 14 Re: IPO time? [mikedrud] by doctorlove

Mar 10, 2008 (3:32 pm)

Replying to: mikedrud (Mar 10, 2008 3:29 pm)
Can you share what the stock symbols will be?

#8 of 14 Re: IPO time? [doctorlove] by doctorlove

Mar 11, 2008 (9:33 am)

Replying to: doctorlove (Mar 10, 2008 3:32 pm)
I assume that's a "no" !

#9 of 14 Re: IPO time? [doctorlove] by mikedrud

Mar 11, 2008 (10:01 am)

Replying to: doctorlove (Mar 11, 2008 9:33 am)
Ha.
 
Yes, I couldn't give those out in advance. We are in the process of pushing the new stocks now.

#10 of 14 Re: IPO time? [mikedrud] by chung

Mar 11, 2008 (10:02 am)

Replying to: mikedrud (Mar 11, 2008 10:01 am)
hmm... still at 10:00am? i dont see the new stocks, or is it 9:00am at Cali right now?

#11 of 14 Re: IPO time? [chung] by mikedrud

Mar 11, 2008 (10:03 am)

Replying to: chung (Mar 11, 2008 10:02 am)
We're pushing out the IPOs now. Give it just a couple minutes.

#12 of 14 well by qbrozen

Mar 11, 2008 (1:09 pm)

looks like i missed the offering. and, of course, as predicted, those who could buy very early made a killing. there's a shocker.

#13 of 14 Re: well [qbrozen] by british_rover

Mar 11, 2008 (2:30 pm)

Replying to: qbrozen (Mar 11, 2008 1:09 pm)
I was sitting here at 1:00 and 1:10 and 1:15 and I couldn't buy in at all. By the time I got in prices were in the 40-50 dollar range.

#14 of 14 Re: well [british_rover] by mikedrud

Mar 11, 2008 (2:52 pm)

Replying to: british_rover (Mar 11, 2008 2:30 pm)
The IPOs were delayed until about 10:15am Pacific Time. The prices pretty much skyrocketed once we launched the IPOs.
 
I am playing, too, if for no other reason than to monitor game functionality, and I couldn't get stocks cheaply either.
 
This is our first IPO period, so we will evaluate this experience and decide on if we can/should amend.
 
Thanks,
 
Mike

Messages Page 2 of 2

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