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Re: Noonehasthisusername post# 119

Wednesday, 11/06/2013 10:23:55 PM

Wednesday, November 06, 2013 10:23:55 PM

Post# of 20425
70M means increased demand. Most of those will go to institutional investors who punish their clients if the sell IPOs on a quick flip.

Basically, it means the float for the first few days will be very tight.

If we can get our orders filled early, my opinion is that we can expect a pop of several points for a flip. I'd like to see 5-8%, if my order fills I'll drop a stop-limit in immediately!