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gainburke

10/21/14 11:57 AM

#32311 RE: shortj #32310

If I understand correctly, the sporadic trading trading over the next several days should really have no effect at the re-ipo initial price offering. They are looking to price it at 20 bucks a share, so no matter if this goes to ten they are still by all accounts offering the new shares at 20.00 or thereabouts. I cant imagine they didnt know that a drop in price would occur subsequent to the r/s, no matter what the circumstances. If you are long, just wait for the official announcement of the re-ipo offering. Patience is hardest at this juncture, but is warranted imo