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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (32392)5/18/2012 3:43:21 PM
From: Wayners  Respond to of 218931
 
It already looks like the underwriters had to buy back tens of millions of shares...but they can afford it for now lol! I will keep an eye out for options. I'm aware of the synthetic stock position that would be the way to go if they option this thing that quickly. I think the underwriters have to support up to a certain number of shares and I believe there is a time thing to keep support up until 6 month lock up expires. If the shares run out first then it's over. If they have shares to buy that are leftover, they will buy those to run the stock up prior to lockup. They will also be on the phones to try to get as many clients as possible to buy shares.