Scott Sweet, senior managing partner of IPO Boutique, was quoted in MarketWatch yesterday:
"Clearly, the lockup expiration is priced in," he told MarketWatch. "Clearly tons of longs have been waiting for it today. Clearly, the volume isn't as great as the unlocked shares would suggest. And the shorts were hoping it would go down and they're covering."
The full article is available here: http://www.marketwatch.com/story/facebook-surprises-with-post-lockup-gains-2012-11-14
Scott offers research packages for IPOs at IPO Boutique.
And you can find the same information on a global scale at IPO Global Research.
No comments:
Post a Comment