When was the last time the Street walked away from hot money? Ever?
hmm. when some upstart company tried changing the rules and cutting their percentage?
dunno, but its not just "hot money" here. after all, aren't the underwriters all assuming quite a bit of risk here? (and that, without having anything to say about the price ...)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.