Ipo

[interest]

Vonage-
Thank god I didnt buy this stock

"On its first day of trading on the New York Stock Exchange, shares in the company slid to $14.85, almost 13 percent below the initial offering price of $17. Losses continued on Thursday as shares closed at $13. Many on Wall Street have predicted the stock could finish the week in single digits."

I really never liked this stock to begin with Vonage did claim that they weren't to serious about making money, they only wanted to focus on building their client base.

Who else felt this way?

Mastercard on the other hand is currently up 6 dollars... I wish I got in on this one..



I

[Strangeholliday]

Vonage-
Thank god I didnt buy this stock

"On its first day of trading on the New York Stock Exchange, shares in the company slid to $14.85, almost 13 percent below the initial offering price of $17. Losses continued on Thursday as shares closed at $13. Many on Wall Street have predicted the stock could finish the week in single digits."

I really never liked this stock to begin with Vonage did claim that they weren't to serious about making money, they only wanted to focus on building their client base.

Who else felt this way?

Mastercard on the other hand is currently up 6 dollars... I wish I got in on this one..



I

Same thing with all the people that bought xm and sirius

[Just Dave]

I agree with Interest

Wow, where the fuck did that come from?

Anyway, I was thinking about getting in on the IPO but read the article and am glad I didn't.

[Young,Fablous,&Broke]

I agree with Interest




Neg rep right thurrrr.

[Joe]

I also saw the writing on the wall for this one... Didn't move any of my money to that POS stock... The company still has to many problems/issues. It should have came out at about $8/share. Then it may have been an OK buy...

[b16a2pwr]

Vonage is a company that still hasn't made a profit. I was going to get 50 shares or so, but thank god I didn't get the IPO. I could use that $ in amore productive way..

[b16a2pwr]

boy this forum is busy. UPDATE. Vonage is being sued...

Class Action Lawsuit (http://www.nypost.com/business/64531.htm)

if you were an investor, get onboard.