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With each price increase, from $60.00-$66.00 to $66.00-$68.00 the less "juice" there will be in the pricing to the opening print. Your best chance for an allocation is to put out the cash and do some trades with your broker by Thursday!
As with (almost) all IPO's post 1990's bubble, I'd recommend waiting on a buy until all the premium traders are done giving us their lost exuberance and buy it at the price the stock is worth, 10-20 days after the iPO.
This is a good stock worth every penny of its current overprice, but when you can buy it for 20-30% cheaper in a few days and still reap the same benefit...
Heck if you're balls'y, short it at open and buy it back in a few days in a reversal.
Its not going to open and go to 130%+ like the old days, the placement of IPO's is too "perfect" now, let the negative sentiment push the value to where its worth and then buy it after the position traders have had their say.
It is just me thinking ahead, post IPO, after the paper hits the street, what we're going to do with the stock (beat the shit out of it) and how we can make a few more coins on the way back up :-)
Talk to a broker today and he said 'good luck' getting in at a good price. He also cautioned that like FB it may be delayed opening because of the oversubscribing and hype.
Well they specifically chose NYSE over NASDAQ because of the FB fiasco, and even though NASDAQ assured them they solved all the issues, they didn't want to risk it. So obviously NYSE has their work cut out for them. I would expect a seamless open.
