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Their main job at this stage is to make sure the price gets

szeptember 4, 2014 admin 0 Comments

If there are enough shares to short then it means the syndicate desk at JP Morgan made a fuckup for the ages. Their main job at this stage is to make sure the price gets supported. Their job is to get people in the deal who will hold the stock instead of flipping it, if you flip a big allocation on IPO day then you never get in on a good deal ever again.

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