Authored by: Anonymous on Saturday, May 19 2012 @ 06:28 AM EDT |
Because lots of Stags didn't get get the return they expected. [ Reply to This | Parent | # ]
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Authored by: Gringo_ on Saturday, May 19 2012 @ 07:14 AM EDT |
AFAIK that price was artificially maintained by stock
manipulations behind
the scene. I didn't read any details,
but from skimming a few lines, it seems
if it weren't for
that effort, the share price would have tanked. I expect the
share price to slowly fall in the near term. [ Reply to This | Parent | # ]
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Authored by: Anonymous on Saturday, May 19 2012 @ 08:03 AM EDT |
The current price of a stock is based on many factors.
For Tech IPO's the price is a reflection of investor sentiment for future
revenue growth; normally the offer price is highly overinflated relative to
current revenues. <p>Buyers expect the price to go up, why else buy? The
flat close indicates that buyers did not get carried away bidding the price up
indicating that the sentiment is not bullish.
[ Reply to This | Parent | # ]
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- Facebook IPO - Authored by: PJ on Saturday, May 19 2012 @ 10:26 AM EDT
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