The way TYM tanked really surprised me. Surely the promoters would have kept some money aside to soak up on market on the day of listing. If the promoters can be so clever -and these pages here have been full of careful promotion & hubris- surely you would be smart enough to try manage some whipsawing of the share price to be up rather than down. At the very least on the first day? That company must be feeling completely butt hurt and wondering wtf just happened? I'm looking at another IPO and I think I will wait and come in when it is 25% down
TYM Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
