'Stags' are poeople who buy IPOs and try to sell at a 5-10% profit on the day of opening. As most IPOs are not doing too well, the stags are getting smashed by ther short sellers. Id be shorting every IPO on opening day, simply because 80% go down on opening, and thoses are good odds - do you get the picture? There are some floats that are too good to short, I like the Salmat float because Im into direct marketing, but there arent many promosing floats. Most remind me of BigKev. or that old Italian army joke - tank, tank, ....
