Wednesday, November 15, 2006

Hot IPO

Yeah, Nymex Holdings is going to pop big time on Friday, but I'm not referring to this ipo. I'm actually referring to Sony's PS3 release on Friday. The 60 gig with wifi retails for $600 and if you check out eBay, people are placing bids of $2300+. That's a nice 280%+ return. I'm sure the Nymex will do well, but not as well as the PS3 for a quick one day pop. Unfortunately, I won't be able to get my hands on either the Nymex ipo or the PS3. People are already setting up tents in front of the Best Buy store for a shot at the PS3. But seriously, I may nibble on some Nymex once it starts trading this Friday.

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