MicrostockGroup Sponsors


Author Topic: Did anyone hold any IS stocks when it was trading and then?  (Read 3638 times)

0 Members and 1 Guest are viewing this topic.

« on: May 15, 2012, 13:19 »
0
Did anyone buy any IS stocks when it was trading? When IS ceased trading, what happened to the stocks? Did you make any money when selling them back to the company? 


« Reply #1 on: May 15, 2012, 13:22 »
0
IS was not a public company.

« Reply #2 on: May 15, 2012, 13:48 »
0
Did anyone buy any IS stocks when it was trading? When IS ceased trading, what happened to the stocks? Did you make any money when selling them back to the company? 

A bloke called Bruce did quite well I heard.

« Reply #3 on: May 15, 2012, 13:54 »
0
IS was not a public company.

However, Getty was public when it bought IS.

jbarber873

« Reply #4 on: May 15, 2012, 13:58 »
0
  I owned Getty when it was a publicly traded company. As I recall, it went up to maybe $90 before hitting the wall and falling to about $28 when it was taken out. I was in early enough to make money, but the lesson is that you are always subject to very fast changes in the business model and competition. I would not expect to buy SS unless the valuation is very compelling. You will have to wait to see how many shares they are selling at what price and how much of the company is in the IPO. The real question is what they intend to use the money for. If it's just to help the current owners exit their positions, that's a red flag. If they use the money for something that adds value to the company, such as buying a once high flying competitor at a bargain basement price, well, maybe.

« Reply #5 on: May 15, 2012, 14:09 »
0
IS was not a public company.

However, Getty was public when it bought IS.

Yep.

« Reply #6 on: May 15, 2012, 14:15 »
0
  - if they use the money for something that adds value to the company, such as buying a once high flying competitor at a bargain basement price, well, maybe.

DT ?

« Reply #7 on: May 15, 2012, 14:23 »
0
  - if they use the money for something that adds value to the company, such as buying a once high flying competitor at a bargain basement price, well, maybe.

DT ?

Within microstock it can only be DT or FT I'd have thought. Getty wouldn't sell IS off seperately as it would be commercial suicide and any other agency could be bought out of petty cash.

« Reply #8 on: May 15, 2012, 14:43 »
0
IS was not a public company.

However, Getty was public when it bought IS.

Thank you, Karimala!

« Reply #9 on: May 15, 2012, 14:44 »
0
 I owned Getty when it was a publicly traded company. As I recall, it went up to maybe $90 before hitting the wall and falling to about $28 when it was taken out. I was in early enough to make money, but the lesson is that you are always subject to very fast changes in the business model and competition. I would not expect to buy SS unless the valuation is very compelling. You will have to wait to see how many shares they are selling at what price and how much of the company is in the IPO. The real question is what they intend to use the money for. If it's just to help the current owners exit their positions, that's a red flag. If they use the money for something that adds value to the company, such as buying a once high flying competitor at a bargain basement price, well, maybe.

Thanks, that's very interesting to know!

« Reply #10 on: May 15, 2012, 14:46 »
0
By the way, the current owner and all insiders will not be able to dump their shares very fast because the shares of all insiders will be put into escrow.


 

Related Topics

  Subject / Started by Replies Last post
8 Replies
3017 Views
Last post June 29, 2007, 01:48
by CJPhoto
195 Replies
48274 Views
Last post December 17, 2010, 08:10
by leaf
0 Replies
897 Views
Last post January 09, 2015, 14:38
by jorgecachoh
0 Replies
1003 Views
Last post November 07, 2015, 13:06
by zmei116
1 Replies
1506 Views
Last post February 17, 2016, 17:05
by PhotoDude

Sponsors

Microstock Poll Results