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Originally Posted by Sieg
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Did I ever mention that I got to buy into the Starbucks IPO at IPO insider price? Yep -- bought 1000 shares at $17.00
That was on like Thursday or a Friday.... by Monday they went up THREE FIFTY ($21.50) and I sold the whole enchilada! Wow! I thought to myself -- I just scammed those poor suckers for a quick THIRTY FIVE HUNDRED BUCKS!! I'm a frigging GENIUS!
Oh -- Total return on Starbucks.... since it went IPO.....
TWENTY THOUSAND PERCENT. That's right... 20,000% since 1992
Yeah -- I'm a real genius!