Trade Me IPO attractive offer - Kerr

Almost a thread for general, but since it's about trademe ...
http://home.nzcity.co.nz/news/article.a ... fm=psp,nwl
As one of them trademe members with 500+ trades, I got an email with a preferential shares offer.
What are all your thoughts. 20% gain to be had, or already at market saturation? Let's see :
Share increase = Increased profits = raising fees/commissions = unhappy buyers/sellers = BAD
or
Share increase = keen mom + pop investors looking to spend
or
Wise investment = don't put shares on the mortgage (because that's where the computer collection is)
http://home.nzcity.co.nz/news/article.a ... fm=psp,nwl
As one of them trademe members with 500+ trades, I got an email with a preferential shares offer.
What are all your thoughts. 20% gain to be had, or already at market saturation? Let's see :
Share increase = Increased profits = raising fees/commissions = unhappy buyers/sellers = BAD
or
Share increase = keen mom + pop investors looking to spend
or
Wise investment = don't put shares on the mortgage (because that's where the computer collection is)