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Re: JR30 post# 125851

Friday, 02/08/2019 12:41:35 PM

Friday, February 08, 2019 12:41:35 PM

Post# of 192273
Please read the following;

JR30 said "The underwriter is usually an investment bank that employs IPO specialists. These bankers ensure that the firm satisfies all regulatory requirements, such as filing with the appropriate bodies and depositing all fees, and makes all mandatory financial data available to the public. Next, and perhaps most importantly, the underwriter contacts large prospective buyers of stock, such as mutual funds and insurance companies who have large sums of money to invest. The underwriter takes the pulse of prospective buyers and then recommends an IPO price to the firm.
This is the price at which the shares will be sold. An excessive price may leave the firm with unsold stock, while a price that is too low will mean forgone revenue from the stock sale."

This is a GREAT post.
This is what is going to happen.
And this will happen at some point prior to the IPO.
I think that is when all the shorting stops?
Great post

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