You have to realize that the whole purpose of the dutch auction was to minimize the profits of flipper scum.
Now nothing personal there , I've flipped many an IPO (hey I sold TSCM at the opening print , 65 or so) , but if all you wanted to do was take a quick profit with no risk, then you're lucky you got even 10% on it.
They priced this quite accurately it seems, using the same skill they make markets with,
At this point I'd mark the talk of 'failed' and 'cold ipo' up to imbecilia.
Now nothing personal there , I've flipped many an IPO (hey I sold TSCM at the opening print , 65 or so) , but if all you wanted to do was take a quick profit with no risk, then you're lucky you got even 10% on it.
They priced this quite accurately it seems, using the same skill they make markets with,
At this point I'd mark the talk of 'failed' and 'cold ipo' up to imbecilia.