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What I was trying to say Paul, was over the longer term I see too much competition (& little innovation) for ARM shares to grow significantly in value. The price paid for the shares in the lead-up to open trading has one value, and is quite often lower by the end of the first day/week. At the...
Long term prognosis I'm not so sure, and I guess it will all depend on the launch price vs the following few days. I get the feeling there is a lot of hype to get the launch price up.
Readers with an interest in the UK:
Please note the "surprising" growth forecast for the UK has a huge element associated with currency exchange rate and not economic activity. Further reading on the expectations of the consequences of all variants of Brexit available on the UK Governments website.
