I was by no means saying it was not run professionally, I was alluding to the sheer size of bids vs number of bids, for a significant number a scale back to 2-5% would leave a holding too small to allocate and if the average adviser had $10k.... you do the maths . FWIW I was told there was a hard limit of $7500 anyway
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I was by no means saying it was not run professionally, I was...
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