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MyPoints.com IPO
The buzz, I heard is the MyPoint.com's IPO is tomarrow (or early next week). The filing price is $10-$12 a share and the total offering is 5 million shares. The underwriter is BankBoston.
No they are not giving out points with purchases -- which if you ask me is a huge mistake. But you can always purchase shares with an E*trade account. Happy tradeing. |
Well, MyPoints did IPO today (ticker symbol MYPT). Who on the board is going to fess up to having bought shares at the IPO price of $8 and then flipping them somewhere near the day's high of $18.62? The issue seems to have closed at $11 for the day so the initial euphoria slowed way down.
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