the company has a public offering to 22.50.can someone explain who is selling to drive the price down.I did not Buy any because I knew this would happen same with twitter.at least Twitter went up before it went down.please explain how the price is going down And who is selling???
market makers have destroyed investor confidence since the twitter ipo which the 1st quarter earnings report made it drop like a rock...too bad if this is a good stock but only time will tell...too many ipos being put out to get money from retail investors too quickly and to try to take away from other stocks
all the big buyers are selling. Thought it would pop on the open, it didn't therefore they are dumping.
By the way, if you would have gotten an allocation, that is an indication that you should NOT buy.