I do not believe this

Author: Flanner525 (2542 Posts - Original UHND Member)
Posted at 9:14 am on May 24, 2012

Or, it's selective info. They may have made money on Friday as they propped it at $39 and $38 early and then it went back to $41. But at the end of the day the underwriters were obviously buying shitloads of it at $38 and it hasn't been near that since. I suspect they told a bloomberg reporter half the story.

Edit: Also " Morgan Stanley (MS) will use some of the gains to reimburse clients who lost money because of glitches in trade execution, the person said." is highly suspect. They're just helping out NASDAQ out of the goodness of their heart? This source is full of shit.


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