The Crash of ’87, from the Wall Street Players Who Lived It

Re:The Crash of ’87, from the Wall Street Players Who Lived It by matwood on Tuesday October 17, 2017 @08:06AM (#15490233)

I hope one to one day have enough wealth that it takes months to liquidate my stocks. The number that can’t be liquidated almost instantly is very large.

Additionally, IPOs are almost priced incorrrectly, and show the problems with the informal market.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by Retric on Tuesday October 17, 2017 @08:22AM (#15490309)

I would not nessisarily say they are priced incorrectly, there is a liquidity premium. Also, post IPO there is often a tiny slice of the company on the market combined with a lot of speculation.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by wbl on Tuesday October 17, 2017 @11:02AM (#15491491)

IPO pricing is deliberate on the part of investment banks to reward some customers.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by cm2187 on Tuesday October 17, 2017 @11:43AM (#15491876)

Actually probably more to ensure that the IPO doesn't fail, i.e. that there is sufficient demand.

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