Thread: Investing 102
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Old 05-17-2012, 09:09 AM
strtcar strtcar is offline
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Quote:
Originally Posted by GregWeld View Post
Let's put this COTP in perspective. IF I got the 2000 shares I asked for -- it's less than 1% (in dollar amount) of what is just in that one brokerage. I think it's GAMBLING..... but I want to put the perspective of what I'm willing to risk. LESS THAN 1% which overall is about .25% - That's POINT TWO FIVE PERCENT not a quarter of a percent - and not a quarter of what I have to invest.
Just doing some math since you pointed this out. If the IPO goes for ~$40 x 2000 shares is 80k, and .25% of your entire acct we are talking $32million.....
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