Sophs are selling IMO, the over subscription was “only” 50% which isn’t super strong. There will be a few building a position (like Su) but I think it’s more common to see these guys grabbing a quick profit and moving on to the next placement than sticking around for the long run.
I added to my LT position.
CAY Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
