johnstbr: I think TradeMe will be a good short-term investment but thereafter it's a lot harder to gauge. ?My thinking is the TradeMe is a well-known, profitable company which will generate a lot of (rational and irrational) demand to own this stock. ?The media coverage has been high, and the brokers will be promoting it, and it does offer some diversification ? benefits - which is seriously lacking in the NZ market. And if demand is greater than supply then the price will rise (in the short-term at the least).?My advise would to look to "flip" them for a 10-20% profit. ?Disclosure: Subject to availability I will buy some in the IPO.
Yup...TradeMe. Get it? Trade me!!