RE:RE:Will change Canadian retail foreverWe all agree that big insitutional investors bought IPO not public. Most of the times its Banks underwriting the IPO.
Simple calculation
If all the IPO were bought by Banks and Big Investors than they are manipulating the price so they can get maximum returns.
See the trading volume its not much and they donot pay much commission per trade aswell. Usually banks get 5 to 10 percent of shares so its big game involved buddy. Wake up before its too late