Monday, November 20, 2006

Spirit Aerosystems Holdings IPO

I'm going to play the ipo game once again. This time, I'm trying to get my hands on Spirit Aerosystems Holdings (Ticker: SPR). They make wing components, fuselages and after market parts for Boeing and Airbus. The business is great right now with Boeing, but so so with Airbus. The company does 90% of its biz with Boeing. The initial price range for this ipo was $23-25. The shares priced tonight above the range at $26. This is a good sign and the stock should pop tomorrow. We'll see if they're nice enough to give me some ipo shares.

2 Comments:

At November 21, 2006, Anonymous Anonymous said...

If it does half as well as my Mastercard IPO, you'll be happy. I put in for 200 shares of SPR, should know soon if I got some.

 
At November 21, 2006, Anonymous Anonymous said...

OK looks like I was allocated 100 shares so I'm in the SPR Game! Good luck to all!

 

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