Friday, October 13, 2006
Woo Hoo
The SIAC IPO went through. My stock is worth about 12% more today than yesterday. Most of this is in my 401K so it's not like I can go out and buy a sports car with my mad money, but it still is my biggest one day bump in net worth. SAIC general stock itself closed at $18.16, 21% higher for the day over its opening price of $15. After an upcoming dividend and adjustment my remaining stock will track in value with the SAIC general stock. I guess it should be noted SAIC stock was the highest volume traded stock by far on the floor of the NYSE today. It seems likely the current value will stick as it wasn't an erratic ride to $18, but a quick early rise to $18 and then lots of trading hovering around the $18 level.
