Depends on how FAST you can buy it. The price will rise 300% probably within the first 1 hour and then level off for a few months. If you can buy big right at the opening bell, then sell within the next hour -- you're gold.
I'm buying through Ameritrade, so I'm going to wait a few days and see how the IPO goes. Buying at open will be risky unless you are on the floor, it is going to spike high and then level off in a few days. The real gain for most buyers will be more of a long term investment IMHO, and that's what I'm going for.
Many investors are going to make a lot of money the day Google goes public, but no one will do it through Ameritrade.
anyone can buy the 'day of' the IPO.. but none of us.. except for maybe mr. Matt and his connections.. and that's even if he wanted this gamble with all the hype that's already surrounding it.. are going to be 'in' on this IPO.
anyone can buy the 'day of' the IPO.. but none of us.. except for maybe mr. Matt and his connections.. and that's even if he wanted this gamble with all the hype that's already surrounding it.. are going to be 'in' on this IPO.
Microsoft has $40billion on hand and Google is in the cross hairs. Microsoft will own Goodle or destroy it.
This is a great day for the founders, a chance for them and other investors to get their money out, as well as stock-holding employees to do very well.
Google is a smart business idea that is easily repeatable. Or bought.