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I don't think it's legal for an underwriter to short the price of a security that they're bringing to the market.
by ajays 14y ago
I don't think it's legal for an underwriter to short the price of a security that they're bringing to the market.
- jmaygarden 14y agoThat's simply not true. The SEC allows this behavior to stabilize the price. http://en.wikipedia.org/wiki/Greenshoe http://en.wikipedia.org/wiki/Greenshoe
- deleted 14y ago[deleted]