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Qihoo 360 Technology Co. Ltd. Message Board

pingfate 2 posts  |  Last Activity: Aug 24, 2015 4:48 PM Member since: Dec 22, 2002
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  • pingfate pingfate Aug 24, 2015 4:48 PM Flag

    genius

  • from my notes Nov7th'2013, Twitter TWTR ipo began trading today, and although priced ~$26/share it came out @ $45.10, traded up to $50, and then followed the S&P500 drifting downward, yet closed ~flat'ish
    ~$44.90

    we tested the IPO price just 12 days ago on Aug7th with lows $26.87, and today could be the "retest" with higher $27.16 lows

    buy low then sell high = believe in this simple strategy or you will never get rich

    imagine that - that retail investors get pretty well the same price as employees & insiders etc.

    you will never get IPO prices of high profile stocks unless you have an account with the biggest brokers and over $10M sized portfolio (or you're connected somehow to insiders, employees, or investment bankers who underwrote the issue)

    buy a little here today

    Sentiment: Strong Buy

QIHU
52.87+0.21(+0.40%)Aug 31 4:01 PMEDT