Global Logistic Properties (GLP)

[dydx]

We all know 'tikum tikum' is a silly activity, where the winnings - whether or not one wins, and the size of one's winning - are based on pure chance. When I was a kid, I used to spend my school pocket money on 'tikum tikum' and lost them all.

For a 'hot' IPO like GLP which has attracted many to stag in a frenzy, the probability of GLP's share price going above $1.96 on opening day (next Monday) and a few more days that follow is higher than 0.5 (or 50%). And this will attract more speculators to buy and trade on the stock for a quick gain. At the same time, those who have secured allocations in the IPO - especially the big boys - will be happy sellers for a quick profit. Depending on the overall market sentiment and trading strategies of the professional operators and hedge funds working on GLP as a trading stock, a trading frenzy can last for sometime, before all involved in trading GLP have enough of it or have come to their right senses eventually.

I believe there is a good likelihood that GLP may go below its IPO offer price of $1.96 eventually, and I am quite sure at a certain price level, there will be hedge funds shorting GLP.

Let the party begins come Monday, and I shall be just watching it outside the ring with amusement!