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The losses are people selling stuff so they can buy the IPO. And it'll likely start moving in the next hour or so when all shares are sold.

Posted by: bsbbtnh on Jul 23, 19:47 in response to project's post Losses CANNOT be due to today"s IPO because it does...

Only enough shares left for about 57 people to buy 150k. Most people don't have $27m+ in cash, so they sell/cover in order to buy the IPO.





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