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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (8853)6/20/1999 11:13:00 AM
From: Kimberly Lee  Read Replies (2) | Respond to of 108040
 
A must read for all IPO players, especially in the open market.
exchange2000.com

Therein you will find the reasons I flipped ETYS, TSCM and a few recent hot net IPOs right at the open as more and more hedge funds I knew were going to dump their IPO shares, and shorted (thru another mm) twice as many shares they bought in the open market, waiting for an opportune moment to go short.

This is especially true with recent GSCO led IPOs since hedge fund managers know that GS has his hands full with supporting its own IPO.