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To: Huskrrrr

The leftist media is gushing about the tremendous success this IPO was. The AP article conspicuously fails to mention that the stock opened at 35 and sank steadily throughout the whole day,closing at 34.09. Thus almost everyone who bought the stock on the open market today lost money.

To me, this was a really awful first day performance of a supposedly hot IPO, and doesn’t seem to bode too well for the stock in the coming days.


29 posted on 11/18/2010 3:42:02 PM PST by catnipman (Cat Nipman: Made from The Right Stuff!)
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To: catnipman

“To me, this was a really awful first day performance of a supposedly hot IPO, and doesn’t seem to bode too well for the stock in the coming days.”

If any of my mutual funds have this tossed into them I am out as quick as you can say Obama is a buttwipe.


41 posted on 11/18/2010 5:26:48 PM PST by oust the louse (When you subsidize poverty and failure, you get more of both.)
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