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Old 05-23-2012, 08:10 AM   #80
LkEHaduy

Join Date
Oct 2005
Posts
434
Senior Member
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So say, underwriters got the stock at $25, sold it at first for $38-42, and then when they had sold their allotment, dipped into reserve stock at current price (~38/39) to support the price? I have read the reserves came into play, is that above how?
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