for the anatomy of ipos, i need you to look at livingedin and groupon and rose 109% and 31% respectivelyrading there. is no doubt these oftenings tuck about a bubble in internet stocks. there is no doubt the issue is the artificial way they were priced putting out very little stock. a sliver, knowing it would cause a big pop and creating bubble by itself. the brokers knew these stocks would be hot and hype for the group. they knew if they offered a limited number of shares and set the pricing below the hyped levels, demand would overwhelm supply. the brokers tightly control the supply, partially to accounts they believe would thought flip the stocks and gave out enough to the large much wal funds that they would be able to start, not finish. way the mutual funds would be whetted and bid, bid linked interest in up and get the rest of the positions in, that's why linkedin kept soaring. never forget that the trip to a successful ipo is this rationing process. this syndicate deaths, they're the ones that allocate the potential stock. they know how much the big funds, mutual funds ultimately