Square IPO

[billyjoe]

Anyone interested at Dorsey's Square IPO at $11-$13 ?

---------------billy

[Websman]

Anyone interested at Dorsey's Square IPO at $11-$13 ?

---------------billy

Maybe, maybe not....

[Louetta]

Anyone interested at Dorsey's Square IPO at $11-$13 ?

---------------billy

CNBC International reporting that's it's being priced at 9.

[jiesen]

I'm now kinda interested in SQ here around 12 and change... it looks like a $4B market cap, with $1.5B in revenues, so between 2-3x sales, and what looks to be great product that is really taking off.

Only thing is, how long do these square readers stay #1, before businesses switch over to the next easier way to do it? If everyone is still using square readers in 10 years, this stock will pay off tremendously.

[billyjoe]

Jiesen, SQ is getting some bad press. So was FB when I sold at 28 so I'm no expert. http://finance.yahoo.com/news/surpri...74123281.html#

-----------------billy

[Louetta]

Just looked into shorting this (via puts). Premiums are vicious.