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IPO possibility

November 30th, 2007 at 06:53 am

Saving log - $3 tip box
Spending log - $1.19 coffee + $15 lunch

Yesterday I finished my string of brown bag lunches. It was fun, but it was nice to get a little fresh air and see something other than piles of paper around me. Food made especially for me is always much better to look at.

The big news is that my little bank is going public and have sent a prospectus, proxy card, order form. If you have money in it, you can be part of the IPO (initial public offering). I'll have to think about that, not the best time to invest in a bank. They will eventually pay a dividend.

2 Responses to “IPO possibility”

  1. Broken Arrow Says:

    How exciting! Being on the ground floor of an emerging IPO.

  2. Stein Says:

    I am in the same boat, but after reading all of the paperwork I decided against it because the bank isn't doing well financially compared with other similar sized banks and they won't be listed on a major exchange so it won't be as actively traded.

    It is kind of exciting to think about though.

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