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Godaddy Files with SEC for IPO!

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dsturbed

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I didn't realize GD filed for IPO. :hail: But apparently they have, status TBA
 
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007

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Following this myself. Will probably jump onboard when the stock is for sale. :)
 

denny007

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Following this myself. Will probably jump onboard when the stock is for sale

Good idea to buy stocks of a company which is looosing every year since 99...
 

007

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Yes but there will be a good amount of hype for the IPO. Chances are it will go up for a while and then drop like many IPO's for big companies do.

I'm not going to bet my retirement on it, but I think there is definitely some money to be made for those who get in at the bell.
 

denny007

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I expect this will be the kind of IPO where price never goes up...I mean people sometimes behave stupid, but not THAT stupid...
 

007

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I have to disagree. While GoDaddy has lost money, they are one of the most well known registrars due to their advertising and branding. I expect the IPO price to be fair, but also cheap enough for everybody to jump onboard.

In the domain world, many of us would rather not use GoDaddy, but you have to remember that most investers are not domainers. Most people that I know can't name one domain registrar besides GoDaddy. It's the only one as far as the "noobs" are concerned, and there are way more noobs than vets in this case.

Like I said, it may not go up and up forever, (I highly doubt it will), but I am confident that it will see a jump at the beginning. The media will eat this up, as GoDaddy is a huge well known company.
 

dsturbed

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007 said:
Yes but there will be a good amount of hype for the IPO. Chances are it will go up for a while and then drop like many IPO's for big companies do.

I'm not going to bet my retirement on it, but I think there is definitely some money to be made for those who get in at the bell.

I strongly agree. Their financials didn't look all that impressive when I reviewed them yesterday (ofcourse I can't find them now) but I believe there will definetly be some money to be made within those critical first few days.

In the words of Jim Cramer - SELL SELL SELL :laugh:
 

GT Web

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I am thinking of shorting it...their business model is basically crap...and I doubt their growth over the next few years will be all that special.
 

WhoDatDog

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I'll pay you $100 if you can prove to me that you have ever shorted a stock in your whole life.
 

Salient

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I agree, this could be a good way to make fast money. But dont drop everything you have into it....

Remember Vonage.
 

DeluxeNames.com

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Salient said:
I agree, this could be a good way to make fast money. But dont drop everything you have into it....

Remember Vonage.

I hate that name, Vonage, lost money on them. Lost more on Vodafone (spelling). LOL, bought into tech stocks about a weak before they took a nose dive! My timing was amazing.
 

GT Web

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WhoDatDog said:
I'll pay you $100 if you can prove to me that you have ever shorted a stock in your whole life.

How should I send you the proof?

Give me your fax number and I'll give you my Paypal address...
 

dsturbed

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As is the case with any investment, you must do your research and realistically determine the volatility of said investment before droppin xxxx amount of dollars.

I don't see it being much different from what we're doing now with domain names.

Remember Investing is not risky. Investors are.

I wouldn't hold stock GD (ticker: DADY) for more than a week.
 

cursal

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I would strongly agree that this stock, when released, will have quick pump 'n' dump.

We are already thinkin' it....and....we are posting about it.

I'd say no more than two weeks - In then Out.

I wouldn't go so far as to short this stock, but I wouldn't hold it long either.
Pump and Dump --Noobs never knows what hit them.

*This is not legal advice only my opinion
 

GT Web

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I am talking about long term here...Godaddy may get some good press and jump a bunch at the start, but over the long term this company doesn't have much promise.
 

darrenl

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I think GoDaddy will remain successful ;).
 

scrsteven

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I think GoDaddy's IPO will open lower than expected, and the stock will struggle from the get-go. Horrible customer service plus losing money every year is not overcome by brand recognition.
 

Bountyhunter

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A quick glance atthe S-1 filing shows:

2005 Revenue $139 million Losses 11.6 millon (would have been 13.6 million but they received a 2 million dollar settlement (Verisign?) so would have been 13.6 million in losses

2004 Revenue 72 Million Losses 3.6 million

2003 Revenue 39 Million Losses 774 thousand

2002 Revenue 16 Million Losses 2 Million

Two share classes: A shares for outside investors one vote. B Shares all owned by Bob Parsons having 2 votes. Wont have instutional investors clamoring to get in on this

20 million in losses in 4 years..not near as bad as Vonage's 455 Million to date losses..Caveat Emptor
 

dsturbed

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Bountyhunter said:
A quick glance atthe S-1 filing shows:

2005 Revenue $139 million Losses 11.6 millon (would have been 13.6 million but they received a 2 million dollar settlement (Verisign?) so would have been 13.6 million in losses

2004 Revenue 72 Million Losses 3.6 million

2003 Revenue 39 Million Losses 774 thousand

2002 Revenue 16 Million Losses 2 Million

Two share classes: A shares for outside investors one vote. B Shares all owned by Bob Parsons having 2 votes. Wont have instutional investors clamoring to get in on this

20 million in losses in 4 years..not near as bad as Vonage's 455 Million to date losses..Caveat Emptor

I agree 20m in loses is a bit much. There is steady growth however, double digit growth, (When was the company formed ?) Either way I believe this will be a very volatile stock to hold especially long term.

The fact that there are only 2 share classes, one being held entirely by Bob :suspicious: makes me wonder.

- SELL SELL SELL
 
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