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Reading the part about greenshoe it hit me that is exactly what happened with Facebook's IPO. Initially the share price fell bellow opening price for 2 days str
by unnouinceput 5y ago
Reading the part about greenshoe it hit me that is exactly what happened with Facebook's IPO. Initially the share price fell bellow opening price for 2 days straight, then somehow stabilized and then started to creep up for the next month barely above the initial price. During those 2 days forums/tweets were full of people wishing to crash and burn.
Who was Bala in Facebook's case? Because that person definitely kept Zucky alive.