Sitting, waiting, watching, for signs i.e. stock market.

I feel kinda out of the loop, just having discovered the outrageous reality of IPOs and the amount of money being generated.

If you are already aware of this, then I congratulate you on the amount of fiat money you have been acquiring. Especially those IPOs underwritten by the Gold manipulating firm Goldman.

It is more painfully obvious than it has ever been what the market is setting it self up for. Currently (for those with the money) it a self perpetuating money stream.

Invest $10 to $20 per share--the IPO shoots up 100plus percent in one day and then you wait 5 day to flip. I can only assume that at that time you buy it on the way down. INCREDIBLE.

They have got the IPOs lined up to roll out(hoovers.com). While the bread and butter of the stock market (broad base) is rapidly declining. It is no wonder why the frenzy continues. Heck--I'll be in on some AKAMAI action tomorrow. Watch what happens to it!!

totally reminds me of the tulip frenzy---!! No wonder they want to keep all eyes off Gold!! IPOs are the gold rush of 1999. (for now)

-- D.B. (dciinc@aol.com), October 28, 1999

Answers

Here's the real joke. Unless you are BIG important customer you will probably not get offered the initial price on the "juicy" IPO's. These also get fed to big institutions and funds who can then "flip" or feed their cheap shares to the desperate public looking for a piece of the action.

This is a similar scam of "market analyst" down grading a stock after the bad news has gone out but before the market is open to look like they beat the bad news.

To beat the market you have to invest where you have knowledge and it helps to be ahead of the sheeple. Buy on their desperation sell on their greed lust. Trick is not to wait for the last 10 %.

Part of the need for speed is a perceived coming lack of liquidity in the markets beginning lets say around December. This is also the reason most corporations are issuing or have issued their bond offerings to cover them into next year.

-- squid (itsdark@down.here), October 28, 1999.

Ponzi schemes.

.com companies loosing money, making it up in share prices.

At leat a tulip bulb had some intrinsic value.

Insiders, knowing the risks in the economy, trying to get their money out by selling the assets.

Here's a test for you. Goldman Sachs, unil recently a private partnership, recently had an IPO. When was the last time they had an IPO?

Answer: 1929.

-- ng (cantprovideemail@none.com), October 28, 1999.