HSX Starbond IPOs are my kryptonite. I am dumbfounded each week trying to understand where they get the 'break even' number. Sometimes they just throw money at us traders and other weeks they set it so there is no way to make a profit.
You guys are really gonna like this weeks IPO...
IPO Price: $100 TAG: $110,939,693
Films in TAG:
The Other Guys (opens 8/6/10)
Step Brothers ($100,468,793)
Talledega Nights ($148,213,377)
That depends on what you think of The Other Guys. AMCKA only needs The Other Guys (currently trading at $90.92) to make 67.18 in order to adjust to his IPO price.
At current prices, his next adjust on 8/30/10 will add The Other Guys and would be a 5.93 point adjust long.
Place your bets, if you think The Other Guys will delist above 67.18 you go long.
If you think The Other Guys will delist below 67.18 you go short.
-Some 'The Other Guys' Set Photos
-More 'The Other Guys' Set Photos
-Even More 'The Other Guys' Set Photos (Derek Jeter)