I didn't want to get greedy so I sold the Tim Hortons IPO shares. I sold at $32.10 generating a quick profit of 38.6%. Ok, time to look for other places to deploy some cash...
I wish I can say it was skill, but it was just plain luck in selling near the high.
TD Waterhouse and Ameritrade are merging so maybe they'll expand the IPO offerings to all of their customers. I've been very happy with TD Waterhouse and I hope things don't change too much with the upcoming merger.
Location: Somewhere in, Massachusetts, United States
I have a passion for the stock market. I primarily focus my research in the life sciences and merger arbitrage. I have degrees in Bio and Finance (not that it means much since investing is more of an art than a science). My MBTI personality type is ISTJ. I'm a Generation X'er and was born the year of the pig.
2 Comments:
That was a quick move !
Nice profit out of it, I wish I could get my hands on some IPOs once in a while but Ameritrade doesn't seem to offer that option.
I wish I can say it was skill, but it was just plain luck in selling near the high.
TD Waterhouse and Ameritrade are merging so maybe they'll expand the IPO offerings to all of their customers. I've been very happy with TD Waterhouse and I hope things don't change too much with the upcoming merger.
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