Facebook IPO

[Denny]

I don't trade off of YouTube videos nice failed attempt at a cutdown though! have a nice day

SHIT! I've failed again!!!

Gold and silver is the only way to go...

Anything is the way to go if you know how to properly trade it.

[Denny]

check out wprt +21% on some Caterpillar news! cha ching!!!!!!!

http://www.youtube.com/results?search_type=videos&search_query=wprt&search_sort=video_date_uploaded

[Captain Crawfish]

http://www.youtube.com/results?searc..._date_uploaded

47 pps target get ya some!

[Captain Crawfish]

LNG powered mine truck [ame]http://www.youtube.com/watch?v=Susz_IoyTW0[/ame]

[Ruffdaddy]

SHIT! I've failed again!!!

Anything is the way to go if you know how to properly trade it.

Yeah I get that, but what is the way to go if you don't know how to trade? I have the white trash financial skills of a kid who grew up in a trailer in some random hick town...for some weird reason.

[Captain Crawfish]

Yeah I get that, but what is the way to go if you don't know how to trade? I have the white trash financial skills of a kid who grew up in a trailer in some random hick town...for some weird reason.

Talk to a real financial advisor

[slow99]

Talk to a real financial advisor

Who will draft your IPS and allocate assets in a thoughtless manner that matches his firm's formula - which performs okay for the 70% of the times when we're in a quadrant I gdp/inflation scenario. You are correct though, it's better than 99% of the shit you'll read on the internet.

[Broncojohnny]

Who will draft your IPS and allocate assets in a thoughtless manner that matches his firm's formula - which performs okay for the 70% of the times when we're in a quadrant I gdp/inflation scenario. You are correct though, it's better than 99% of the shit you'll read on the internet.

Don't forget the fees. Or the constant calls to buy and sell some nameless, faceless company that is the hot new thing or the new turd. If you want to make money in the stock market you don't "trade" you "invest". You have to understand what makes a share have value and what makes it a piece of shit, just like you would try to understand an investment in anything else of value. People will do more analysis to figure out if a lemonade stand is a viable business than they will for a share of stock. I find it very odd.

[347Mike]

Can someone explain in lamen terms what an underwritten offering is? Is it good or bad? What does it mean when this happens, etc?

[slow99]

Can someone explain in lamen terms what an underwritten offering is? Is it good or bad? What does it mean when this happens, etc?

I'm not exactly sure what you mean - in what context? Did you mean undersubscribed offering?

[347Mike]

I'm not exactly sure what you mean - in what context? Did you mean undersubscribed offering?

"today announced the pricing of its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share. "

[slow99]

"today announced the pricing of its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share. "

They sold new equity shares. An I bank (my company actually assuming this is unilife) manages the process - they underwrite it.

[347Mike]

They sold new equity shares. An I bank manages the process (they underwrite it).

I still don't understand what this means. What impact does that have on the company/stock? The stock was down 10% today. Is this a good or bad thing?

[slow99]

I still don't understand what this means. What impact does that have on the company/stock? The stock was down 10% today. Is this a good or bad thing?

Stock = equity. A company's equity has a dollar value, also known as its market capitalization. Each share of equity owns a portion of this value. If a company's equity worth is $100 million and there are 10 million shares ourstanding, each share is $10. Now the company sells 10 million new shares. Now the equity is worth $100 million but there are now 20 million shares outstanding. Each share of this company's stock is now worth $5 instead of $10. This is called dilution.

[Captain Crawfish]

what a week!