ameritrade lists 42.4 million but i hear they sold half the company in this ipo, which is about 100 million, and then there private capital that owns the other 50 percent, making market cap around 200 or so?
anyobdy have any details? thats what i hate about ipos, so little info, and what is actually being sold on the market, as it relates to the whole company?
Me and my colleague put in some money in this IPO for a quick flip. But today he said, this might as well touch $12 before it at least starts stabilizing. He said the offer is not as good as it looked at first. I'm holding on for a short bounce today to get rid of mine and then may be get in at 11.50 or so.