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Piper Jaffray Companies Message Board

  • invest.alert invest.alert Sep 21, 2010 4:21 AM Flag

    PIPER OFFERS IPO $8.50, THEN DOWNGRADES TO $3.00 pps.

    Are these people insane.Investors purchased about 7 Million shares of DYP stock about 9 months ago and then these clowns downgrade the stock from $13 to $3,which is under its cash value.Currently trading at $3.40 investors have lost many millions on this IPO offering from Piper Jaffary who said the downgrade was because of some small exhibition expenses which are questionable and a change in management.These people were their analyst all along from the beginning and now they are really looking less than kinda intelligent.I would suggest you never buy a offering with company in charge of unless you want to lose your investment.Are these people even smart enough to listen for advice,as it appears the answer would be a vote of no.Now the question is will Piper Jaffary ever be trusted again.Investors are starting to buy back now.

 
PJC
52.72-1.75(-3.21%)Sep 29 4:01 PMEDT

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