Reebok AMG

Any thoughts? Originally, the price range was $7.50 to $9.50 a couple of weeks ago, but has jumped to $13 last night. I think it's still a good value.. Would love to jump in on it only if I had the connections.

Supposedly getting into shoes and all that soon.. But the most surprising thing that I learned from my roommates (one a former Marine Reserve, another currently in Air Force ROTC) was that Under Armour may become a supplier for the US military branches, with stores showing up in BXes.

Anyone know how fast IPOs hit the secondary market?

NiteQwill

Uh... Under Armour has been in use in the military for a few years. I have several brown Under Armour shirts (Army here... )

Yes, a good time to get it while it's hot I guess.

03typeS6spd

i also would like to know how to get into something like this

BigPimp

When is it going on sale?

03typeS6spd

it was supposed to yesterday, it doesn't look good on paper, current P/E is around 43 based on the prospectus

but i still want some...

michimonster

And they already make shoes but not many people know about them. Anyway, Under Armour is an amazing company. If I were ready to invest I would definitely consider this.

Mike 350Z

IPO was yesterday (Thurs), so does that mean Joe Investor can buy it today?

Mike 350Z

It's up to 26.11 already, wow.

http://yahoo.reuters.com/financeQuot...1884335_newsml

BigPimp

wow, doubled

moonraker

shit yea i didnt know people in here were interested. we were talkin about it on a stock thread over at e46fanatics

its got good value and good growth. pricing was at 13 last night and it entered the market this morning at like 31

i got in around high 24s, low 25s and used limit orders and stop loss to get all my orders filled on every small lil fluctuation/run up it made. sold off about half of it and just lettin the other half ride for free, should be a good company to follow in the long run

in order to have gotten in on the pre-ipo price and such you would have to have gone through the underwriter (goldman sachs and a few more) and even then those shares would be ridiculously hard to come by and im sure you had to buy a shitload

mrsteve

iTrader: (1)

My boss made a quick $5,000 today. Bought at $13 and then sold some off at $31.

moonraker

im assuming he was apart of the IPO and went thru the underwriters (goldman sachs etc) bc thats the only way you could have gotten in on the $13 a share pricing.

it initially entered the market on the 31 dollar pop so good play by him if thats what he did.. otherwise he's lying out his arse haha

mrsteve

iTrader: (1)

He has a broker that handles his day to day investments. He got a call at 5 today saying "hey I made you $5,000 today"

Reebok AMG

Only $5000? Why skimp?

elliot

Under Armor -- founded at the good 'ol University of Maryland!! (I'm a Blue Hen, but grew up as a Turtle).

Go Terps!

mrsteve

iTrader: (1)

He's already got a ton of cash, no need to gamble with any of it. He cashed out at $31.

Mike 350Z

So how would this rate now? Seeing it has tripled since it's IPO, who thinks it'll continue to rise? Or has it peaked? Thoughts?

BstonBruin

i want to invest some of my money in stocks...how would i go about doing this...anywhere thats on the internet or?

moonraker

well after its ipo came out at 13, it hovered in the mid 20s for a while... and now its breached the 30s. personally, i think it received a little holiday boost, a long with a lot of positive PR. short term, i think it will cover back down a little bit before it hits anywhere near 40.

however, long term, i think this company has great potential... they have a lot of room to grow and markets to enter such as footwear and i know ive started seeing their stuff in soccer catalogues (as opposed to just like football and basketball). so they are starting to market to all sports and branch into new products so growth is definitely there, a key factor in determining its longevity.

id say wait this next month and see if you can buy-in on a dip. if so, youll save a few dollars... if not, it will only cost a few more dollars per share to still get in. ill have to check some of the specs on its current valuation, but overall, i think it will continue to head up slowly but surely.



and BstonBruin, if you want to get started investing online check out either www.ameritrade.com or www.scottrade.com . they are sites for online brokerages that let you invest on your own, or you can do so with the help of a broker if you chose (but more expensive).

my friends and i use both of those and have great things to say about both. personally, i use scottrade and its just $7 a trade and have had no problems with them. if you want referrals to either just let me know and you can get some free trades by using a referral.

GIBSON6594

Did you know Eric Obogbu (the guy in the commercials)? He's a friend of mine, he went to my highschool.

danny25

didn't he (maybe still does) play for the Cowboys?

GIBSON6594

Defensive End. He broke just about every record my highschool football team had. Then his younger brother broke all of his records, but he died in a car accident, was a shame.