Submitted by Tyler Durden on 07/20/2012 11:25 -0400
Capital Markets
Market Conditions
UPDATE: It would appear $32.75 is the line in the sand...
After pricing its IPO at $26 and opening at $30.10, the latest poster-child for the awesomeness of the US capital markets has pushed up to over $34.50. While Fender cites market conditions, it seems 'investors' can't get enough of this Silicon Valley 'special offer'. This one should be interesting...
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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