GDDY I wonder if the market makers were supporting the PPS last week, looking at a lot of sell orders for Monday when lockup expires. But probably was just the broad market, as well as the Yellen effect.
Yes, we never can tell how these will go but with 17 individuals and four houses with 38M shares that can be sold (the whole IPO was 23M shares), I'm betting on weakness, esp. with huge debt, a low threshold business and $5.70 over the IPO price as of Friday close that can be grabbed.
With its tiny float, it could even tumble.
I'm targeting 21.00 as 2nd support.
GLTU, YB!
MG
