LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (20902)	8/28/1999 9:04:00 AM
From: LastShadow	Read Replies (1) of 43080

NSATF marketguide.com Institutions bought 80,000 shares in the last threee months at an average price of $1 ($80 grand worth of stock) - 50 percent of the shares are owned by the three houses, and the 80k shares that were bought were probably under a 'green shoe' clause the lead underwriter had. (Green shoe clause allows the underwrtiter tobuy more shares within certain timeframe if the IPO is sccessful) marketguide.com

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