Any lawyers out there????????????This IPO was over priced
The main problem here is the goldman report citing the most optimal entry price range is 21-22 - LOLthis is from the elad bookrun to bring this ipo out at 26!Imagine that, the analyst think the optimal entry pt is at 21-22 and yet the bankers sold this at 26 to the public.As I have argued here, Goldman priced this stk at 26 is crazy, my fairvalue is at 27 to 30, upside very limited.I do think it is much more attractive to enter this in the low 20s. I do feel sorry for those who bought the deal at 26 or above. This game continues over wallst.
All we need is 3 of us to win back our dough........Elliot Spitzer should look at the IPO racket next for fraud!!!!!!!!!