I'm still having trouble wrapping my head around t
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Posted On: 08/24/2020 1:23:19 PM
I'm still having trouble wrapping my head around the NGIO IPO. Going to be hard to have a CVAC type run or anything remotely close unless the valuation is pretty high and the shares being initially sold is fairly low, taking into account dividend shares and insiders. How in the world did NGIO come up with 400 million shares?
Frankly, $2-4 would be quite a disappointment to me. $5 would be a minimum for most institutional interest. I would prefer something in the $8-10 range so there is room for the selling of shares. I am hearing Mrs tc is looking at a bigger house on the shore than what your AAPL profits will cover after paying Uncle Sam and New jersey taxes.
Frankly, $2-4 would be quite a disappointment to me. $5 would be a minimum for most institutional interest. I would prefer something in the $8-10 range so there is room for the selling of shares. I am hearing Mrs tc is looking at a bigger house on the shore than what your AAPL profits will cover after paying Uncle Sam and New jersey taxes.
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