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Today's IPO SOVRN started at 9.71 instead of 10.00

Posted by: Tallwonder on Apr 12, 00:21

This when nearly all of its 15m IPO shares were bought. There was a subsequent 150K short by someone which lowered price to 9.68 (down 3 c) which seems ok. Never seen a IPO start in the red.





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Ebenezer - Opening Weekend (EBNZR.OW) 25 25.93 (-2.28)          Play House (PLYHS) 150000 17.97 (+2.29)          Lizard Music (LZMUS) 100000 24.47 (+0.25)          Swamp Thing (SWAMP) 100000 14.94 (-0.86)          Swamp Thing (SWAMP) 150000 14.94 (-0.86)          The Cat in the Hat (TCATH) 50000 64.55 (-1.35)          The Midnight Library (TMLIB) 25000 25.07 (+3.49)          Ebenezer H$35 Put (EBNZR.PU) 25000 5.38 (+0.79)          Turpentine (TURPN) 2026 6.77 (-0.12)          Willem Dafoe (WDAFO) 26 30.37 (+0.75)          Tom Cruise (TCRUI) 28 165.06 (-1.02)          Tom Cruise (TCRUI) 24 165.06 (-1.02)          Dragon (DRAGO) 150000 6.01 (-0.09)          Donkey Kong aka Untitled Nintend (DKONG) 150000 139.32 (+2.51)          Ghost Soldier - Opening Weekend (ARCNG.OW) 100000 5.25 (+1.51)          Ghost Soldier - Opening Weekend (ARCNG.OW) 100000 5.25 (+1.51)          Compassionate Release aka The Fr (CMPSN) 150000 38.09 (+0.83)          Dragon (DRAGO) 150000 6.01 (-0.09)          Owen Wilson (OWILS) 25000 22.69 (+0.38)          They Know (TKNOW) 150000 13.32 (+1.08)          Man of Tomorrow (SPMOT) 60000 275.37 (-4.46)          I Play Rocky H$15 Put (IPROC.PU) 25000 2.19 (+0.10)          I Play Rocky - Opening Weekend (IPROC.OW) 100000 15.24 (+0.05)          I Play Rocky H$15 Call (IPROC.CA) 25000 2.31 (-0.08)          The Hunger Games: Sunrise on the (HGAM6.PU) 25000 1.67 (-0.31)          The Hunger Games: Sunrise on the (HGAM6.OW) 100000 96.99 (-0.37)          Cloud Girl (CLOUG) 100000 2.71 (+0.61)          The Hunger Games: Sunrise on the (HGAM6.CA) 25000 4.68 (+0.36)          Cloud Girl (CLOUG) 49999 2.71 (+0.61)          Sophie Wilde (SWILD) 24 28.41 (-0.12)          Sandra Huller (SHULL) 25000 54.40 (-0.16)          The Hole (THHOL) 150000 6.72 (+0.43)          The Asian Fund (ASIAN) 20000 21.41 (-0.22)          Compassionate Release aka The Fr (CMPSN) 150000 38.09 (+0.83)          The Hunger Games: Sunrise on the (HGAM6.PU) 25000 1.67 (-0.31)          FOX: Baywatch (BAYWAT) 25000 11.68 (+0.06)          Stalemate (STALM) 150000 2.00 (0.00)          The Midnight Library (TMLIB) 150000 25.07 (+3.49)          Cloud Girl (CLOUG) 150000 2.71 (+0.61)          Play House (PLYHS) 25000 17.97 (+2.29)          The Hole (THHOL) 100000 6.72 (+0.43)          The Hole (THHOL) 49999 6.72 (+0.43)          Rob Delaney (RDELA) 25000 98.19 (+1.00)          They Know (TKNOW) 100000 13.32 (+1.08)          Drag (DRAG) 100000 6.04 (-0.28)          Dragon (DRAGO) 100000 6.01 (-0.09)          Michael Stuhlbarg (MSTUH) 5000 17.23 (+0.12)          Play House (PLYHS) 25000 17.97 (+2.29)          Natasha Lyonne (NLYON) 25000 73.88 (+1.00)          They Know (TKNOW) 49999 13.32 (+1.08)