![]() 10/21/2015 at 10:53 • Filed to: None | ![]() | ![]() |
![]() 10/21/2015 at 10:57 |
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6 months till SUV announcement
![]() 10/21/2015 at 10:58 |
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Underwriters are notoriously conservative because a Day 1 pop always looks much better than a flat (or down) day. Besides, it’s never easy to get in on a large-scale IPO, so the gains are almost illusory.
![]() 10/21/2015 at 11:08 |
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Did you buy shares?
![]() 10/21/2015 at 11:09 |
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The pop is due to UHNW individuals selling their shares for more than they bought them for yesterday, this making an immediate profit (I know you know this, but many don’t understand how IPOs work).
![]() 10/21/2015 at 11:09 |
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I was all set to until I checked E Trade this morning and a fuck up on their part emptied my account...