Re:Square jumps in market debut
by vskr on Thursday November 19, 2015 @02:27PM
(#10596943)
It is truly amazing how bankers always get away with this kind of incompetent non-sense. Every single time a stock sees a "jump", it is because those "analysts" did a poor job in evaluating stock price. And company going IPO is leaving money on the table, which is stolen by those greedy (too polite a term for bankers) bankers.
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-> It is truly amazing how bankers always get away with this kind of incompetent non-sense.
-> And company going IPO is leaving money on the table, which is stolen by those greedy (too polite a term for bankers) bankers.
Well, it appears both these statements can't be true. Bankers can't both be so stupid so as to leave such amazing amount of money on the table...and then also be so smart that they reap the rewards of significant underpricing.