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They we're right to hold off on this IPO given the market volatility. Wall st (professional traders) loves to wait for the inevitable initial run up (by initial
by vishalkgupta 15y ago
They we're right to hold off on this IPO given the market volatility. Wall st (professional traders) loves to wait for the inevitable initial run up (by initial professional investors and retail clients), to sell it quickly after the initial surge. There is just way too much question on their actual current and future value. I wouldn't be surprised if this IPO never happens.