Trump is the only on who can restore America and rid us of the cancerous socialist vermin called the demcratic party.
The democrat party is SCAM CENTRAL it would be funny if it weren't so sad.
GO TRUMP! DEATH TO THE DEMOCRATIC COMMUNIST PARTY
Underwriters should be brokers who find buyers for the offering but this is not how underwriting is done nowadays. The underwriter uses a HFT program to pump up the shares prior to the offering with no intention of holding the shares. They go so far as to guarantee they will buy more if necessary to suppurt the offering for a certain length of time. This also works as a net for any large buyers of the offering. But ultimately what happens is these shares will be sold by and by to retail rubes (the type posting on this board) who are always..... always the mark. One day the rubes will be flush with #$%$ Apple shares too.
MS had to buy shares at 234-242 to inflate the POS offering so to unload those shares and make a profit they had to hype the stock to create a short squeeze as there were no real buyers of the offering.
socialist politically correct #$%$ love the racist card, hopefully when Trump is President your kind will get what's coming to you.
They sure are rube the stock was headed sub 200 and they hired MS to underwrite an offering which meant MS had to start buying the stock to get the price up near the offerring price. You don't know how these things work do you rube?
No one bought the shares fool it was all done with borrowed money and shares were given away as a loan that will later be forgiven. You don't know much.
This is the reason for the fantasy upgrade, if you make the upside outlandish enough the hope is that it won't sell off below the fantasy offering price.
No conflict of interest of course! Hilarious
It's not his money it's borrowed or ecven given to him by the company, it's BS dude, he's risking nothing.