19-10-2012, 01:34 PM
(18-10-2012, 01:51 PM)KopiKat Wrote: ...
So, looks like a sure win situation for the Underwriter cum Stabilizing Manager to me... as long as they're able to place out all units. Now, we wonder why underwriters are so eager to create and package new 'instant' companies for IPOs... as long as they can create a compelling story for suckers oops.. I mean investors, to rush to grab such IPO units...
Thanks kopikat, wonderful explanation you have here about how the stabilising manager makes profits
