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Chubb Ltd ACE



NYSE:ACE - Post by User

Bullboard Posts
Post by carlos6on Jun 22, 2005 4:23pm
304 Views
Post# 9195993

aeroplan trust/over-subscribed!

aeroplan trust/over-subscribed!The new symbol is aer.un. On one hand a smaller offering could mean more upside initially, which makes it more suitable for a 'quick flip'. I suspect that the lower offering may discourage some big buyers/speculators from entering as it may not be worth their while so it may not jump as much. I thought it may jump $2-5$ in the first 1-2 hours, but now I am not so sure. On the other hand the smaller offering will probably mean that there will be further tranches coming down the pike. In any event allocations will be rationed. No idea from my broker how much I will get. I was hoping for 2000 units. carlos
Bullboard Posts