The Residential Real Estate Post-Crash Index-MODERATED Message Board

To: Box-By-The-Riviera™ who wrote (67700)

5/22/2012 8:03:43 PM

8 Recommendations Read Replies (2) of 92510

"My biggest hedge fund client told me they lowered their numbers right around mid-roadshow," says an IPO researcher. He still bought the issue, he says, but flipped it immediately and went short.

I hate to bring this up but how does anybody go short other than naked on an issue that can't possibly be borrowed until after the first day of trading. Didn't somebody mention that you can't short IPO's for a certain time period or does that just apply to us peons?