Exro Technologies Inc T.EXRO

Bought Deal

[Viking2233]

Not commission in bought deal, but doing bought deal they get the green shoe which yes if above issue they may blow out.  The house itself does not want that paper though as it’s a risk to them. They want to distribute to retail and institutional investors

[tamaracktop]

Absolutely 100% correct.  If you bought an issue expecting to flip it, and if it spent the next 6 weeks deep in the red, what would you consider doing if suddenly it went to a 10% premium to the issue price in one day suddenly almost 2 months later? You'd think of selling into the strength.  The recent issue was influential today. There's no question about it. I should have