CZR coming out tomorrow (broker, trading, stock, buy) - Investing -stocks, bonds, mutual funds, trading, market, brokers... - City-Data Forum

forestgump · 02-06-2012, 07:30 PM

Caesars stock hits the market Tuesday sometime.

IPO at $8-$10.

Thinking about getting in on the action, of course after the release. I'm not the cream of the crop to get IPO shares, I'm just a under-the-bridge stock trading bum.

Willy702 · 02-06-2012, 11:18 PM

No one is really breaking down doors to get this stock. Its being sold for smplistic reasons to please certain parts of the ownership base. Not exactly the stuff of big upside.

Jonathan_ · 02-07-2012, 12:03 AM

Thanks for the information! I'm not going to buy any shares, but I definitely want to add it to my watch list.

KayAnn246 · 02-08-2012, 08:57 AM

It has been up 25%-30% today. That would have been a quick and good profit for me. But I won't consider it as a long term hold.

Jonathan_ · 02-08-2012, 06:07 PM

71% UP... I feel like shorting it, but I won't.

kwong7 · 02-08-2012, 08:21 PM

I'm thinking about shorting it. The valuation seems insane and I wouldn't be surprised to see a secondary offering in the next 12 months.

drshang · 02-09-2012, 11:08 AM

This stock has a TINY TINY float and be very careful if you go long.

Also my guess is your broker will not have shares available to short so that is probably impossible to do as well.

Willy702 · 02-09-2012, 09:17 PM

No kidding, $18M IPO, its hilarious people are trying to read anything into this one.