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Cisco, for instance, which is wealthy is not hording it[and that is a misleading term] as have been buying up talent from other like competitive companies with enticing higher salaries; however, the ones like GM NEED to go IPO, as explained in why going IPO at these uncertain financial times.. they need the other round of money, with venture capitalist funding stagnent. We cannot paint all companies with such a wide brush stroke.

So why go IPO for the long haul when you can buy it at the next dip and there is always a next dip, sell off and a next dip.....

Short sales are blamed for exacerbating the declining market movements and regulators will tighten rules.

Ever read "Trading with the Enemy" written employee [Nick Maier] of "Hedge funder" Jim Cramer's Wall Street.? Cramer never disputed the manipulation of say Hannafords to sell short..or the book itself for that matter. But Martha Stewart gets jail time for..her probably coached story about some stop-loss order. She should have just said nothing at all and received no jail time. But now I am sidetracked!!

Interesting note: Diwali India

Coal India IPO after November 3 fuelled the Diwali jump after an announcement of lifting some US 'government' curbs on exports of sensitive technology to India

I wonder how some "insiders" in Washington fared on that one? Another story in of itself, that burns me. But again there is always another Martha Stewart to cast into the limelight.

Thanks & Good Luck

If I were a gambler, I'd put the over/under on GM's IPO price at $24. That's just an indicator of how irrational this mkt is.

At the moment, I have exactly zero share positions. Not trading anything but option spreads, which (depending on the spread, of course) can be largely immune from the nonsense of the day-to-day marketplace.

I learned long ago (and have written quite a bit about the topic) that the retail trader is absolutely at the bottom of the information food chain, and should therefore ignore -- completely -- what the insiders and the 'smart money' are said to be doing at any given time.