Replies to post #41704 on lowtrade

[lowtrade]

Have no idea, I like most of the talking heads on CNBC can't understand what causes a complete market to turn on a dime. But I doubt it involves logic. Technical's are not 1 of the main reasons for change at the big boards though. Normally the trading changes the Technical's. IMO 200 day MA's had little to do with anything.

[learning curve]

Per advice from Lowtrade to forward my question to you:

Upon closing :Does a public offering mean the book runners provide company with cash and then they sell to whomever?
(having trouble articulating question)
Is it basically 2 seperate transactions?
1st: book runner prices it and gives company funds
2nd: book runner sells in open market? (it's on book runner to sell for whatever they can get - if the sell for more by doing a pump then they make more ---but if price tanks they could also be stuck with losses? Essentially there is no legal time limit right? If they wanted to hold and take that risk they could?

I want to clarify "upon / after closing" vs pricing...

Feel free ad any insight about pricing "insight" as well...

Thanks