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Deano361

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Deano361

Re: mingus79 post# 27629

Wednesday, 08/02/2006 5:43:53 PM

Wednesday, August 02, 2006 5:43:53 PM

Post# of 169279
company sets the price on an IPO based on a brokers' guidance, etc....and so can any company set their price out of the gate on a new sybmol, cusip, company structuaral change. IPOs just like this one can up and down. the reason is it is at a buck is because people don't understand it yet. But rest assured when the price gets reset after the halt. Shorts will be running scared, thinking it was never possible.


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