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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST
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To: Michael Watkins who wrote (40172)2/13/2000 2:03:00 PM
From: Robert J  Read Replies (1) of 99985
 
>>No, the street's primary business is offing paper to agholders. I've never done a study of this but if you look at *all* IPO's and determine how many of the initial investments panned out for folks, it would tell a sad tale.<<

Ok, so tell me how the syndicate (the street) get's paid for bringing one(ipo)out?

Also, after the ipo how does the street get paid for moving the shares?
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