There are some offerings, the crappy offerings, where the only people stupid enough to buy it are the retail investors.
More Quotes from Charles Kaplan:
When the broad market gets a cold like this, the IPO market gets pneumonia, ... You really have to look very closely at the proposed deal right now. But, in general, I doubt anything will get priced over the next couple of weeks.Charles Kaplan
People might get annoyed with the ads.
Charles Kaplan
They have some big-time clients, like IBM ( IBM ). There's tremendous growth opportunity there.
Charles Kaplan
They went counter to the trend this week, ... I'm always a little skeptical of these things. This is retail driven. Institutions aren't going in and paying 60 a share for this stuff.
Charles Kaplan
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