According to Scottrade, as of 12:30, only 13.7 million shares have been traded.
By the end of the day, 60% of the shares have turned over. That's low volume ??
Sentiment: Strong Buy
Now at 2:00PM, 15 million shares, only 1/2 the allotment. They won't sell the overallotment at that rate.
At this price I hope they do not. They have the amount of capital they needed for the rating agencies.
GOOD! perhaps that means the IPO shares are in the hands of tight fisted longs
No quick profit-taking going on here. A handful of sellers and that's it.