(Community Matters) I concur with this opinion – not so sad speculators didn’t eat up the usual IPO margin.
I thought I bought my first tranch at $40.32, lucky bad NASDAQ execution – turns out I bought at $38.08. Second tranch at $38.01. Was never looking for a high return that day, that week, or even the month. Wasn’t counting on one for the year (though I admit I am hoping). But, it’s in the portfolio of very long term investments. I’m not unhappy with the purchase. Don’t imagine will often buy at the very bottom or sell at the very top – in the range for both is my objective.
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