Comments on: What Happened To The Interactive Brokers IPO?

by: Babak

Fri, 04 May 2007 02:51:33 +0000

Thanks Earthizen, I wrote a short blurb about it too.
Lets see how it does tomorrow. What’s your prognostication?

by: Earthizen

Fri, 04 May 2007 02:42:02 +0000

The IPO was over-subscribed. The final price is $30.01 per share. See Efficient or Not

by: Babak

Tue, 01 May 2007 03:01:31 +0000

Thanks, I just wrote about it. I agree, this has a lot of demand behind it. I suspect institutional.

by: John Z

Sat, 28 Apr 2007 23:46:28 +0000

Yeah, timber hill is very respected in the market making world and the IPO will be hot! Probably not like google, but 2x is possible in 6 months…Any insights appreciated!

by: Interactive Brokers IPO Goes Forward - Offering Price $23-27 at Trader’s Narrative

Sat, 07 Apr 2007 21:10:42 +0000

[…] Speak of the devil! Interactive Brokers released a message just yesterday (thanks to Kryslon for the heads up in my previous post about the Interactive Brokers IPO). I’m glad to see that IB clients can bid on the initial public offering! [Letterhead of Interactive Brokers] […]

by: Babak

Sat, 07 Apr 2007 21:05:19 +0000

Thanks for the heads up Kryslon

by: Kryslon

Sat, 07 Apr 2007 18:31:51 +0000

well, what do you know, the next morning they file their S-1A ..

interesting they acquired a whole bunch of new underwriters and E*Trade got demoted to bit player. I wonder if that had anything to do with the delay?

by: Kryslon

Thu, 05 Apr 2007 04:23:54 +0000

I wonder if it’s because of the weakness in the stock market … although FCStone who makes markets in commodities did pretty well in their IPO not too long ago. If he waits any longer for a “better market” to IPO Peterffy’s greed may catch up to him.

Between Fortress and now Blackstone wanting to go public, it looks like the smart money’s cashing out to the dumb money …