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PICO Holdings Inc. Message Board

  • snogreen snogreen Jul 18, 2013 4:24 PM Flag

    UCP IPO, a bust

    The UCP IPO came and went. Priced at bottom of range $ immediately sank $1 in first trading day. I'll be curious if any shares of the Green Shoe were taken. Hope so. PICO woudldhave been far better off just selling out all their lots in one big deal, to a big developer. Take profit and run. Market was not impressed with UCP's future.

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