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by johnl
5505 days ago
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I am going to get slammed for this but I really doubt if they care. 7.84M shares was the IPO makes a total of 94.5M shares outstanding. That's less than 10% outstanding if I am reading the press correctly. The other 90%+ shareholders will want the IPO to pop just so the market impression of the company is positive so they can sell their shares at a good price when their holding period ends. Like any investment, I would look at the current position of the company and it's long term prospects before investing. |
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