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ProShares UltraPro Short QQQ Message Board

  • gurupremir gurupremir Mar 19, 2012 12:25 PM Flag

    Nasdaq and IPOs

    So, I was thinking with all these new IPOs coming out on the Naz.. Yes, I believe, the companies have no REAL earnings potential and I believe long-term they are bad investments..
    However, the facebook IPO has yet to be released, one of the largest IPOs in recent history.
    Now, lets think in the mind of an investment banker.. They want to release these IPOs when markets are in full bull mode, why wouldn't you?
    Now, the market is cruising (esp naz).. and the facebook IPO is yet to come out.. I don't see the naz dipping or dropping until after the facebook IPO.
    Does this make sense? The market is obviously overbought, but nobody seems to care right now..
    Thoughts?

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