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Monday, September 08, 2014 9:52:30 AM
It seems to me that, had there been a cause and effect working here, any rise would have been spread out because the upcoming IPO is a known thing. To all-of-the-sudden have another company's upcoming IPO generate a rise in price may be the explanation, but IMHO, there has to be some kind of news in the offing. In my experience, there is seldom an instance where news doesn't somehow leak.
I posted hoping somebody knew something of this type becuase the explanation that the upcoming IPO of a competitor causing this did not follow naturally.
Now bear in mind, I'll take a rise any way I can get it and I don't have to know the reason, but, that said, I remain unconvinced that EKSO rose suddenly late in the day because there was going to be a competitor's IPO the following week.
Thats my opinion.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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