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Strategies & Market Trends : Position Trading Forum

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To: aps who wrote (3876)	10/21/1998 2:25:00 AM
From: Glenn	Read Replies (3) of 7247

Its even harder than that. The IPO's are run on a point system. The more you buy the more points you get. Theres a limited number of shares available to the members with the highest points. Catch is, you lose alot of points and get a 5% penalty to boot. Do it several times, and you dont get any more IPO's.

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