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Pastimes : Makin' money honey

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To: sandintoes who wrote (1741)8/11/2005 8:37:51 PM
From: stock leader  Read Replies (2) of 2260
 
Someone in on BIDU IPO was able to dump his entire shares on first day of trading. Whatever happened to having to wait months before selling?

"However, that trader has already profited from Baidu's rise. His firm had some shares from the IPO, which it unloaded in the first day of trading.

"We made 100 points and then we were like, 'This is ridiculous,'" said the trader, who spoke on condition of anonymity.

"

yahoo.reuters.com

always nice to know that certain 'guaranteed assssholes' make money every time. sickening
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