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.


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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