Stock Market Lingo
Posted on Sat 10th Jun, 2006 03:12:32 PM
For the weekend I figured I’d go with a more unseen term that is used typically only during the period of time before a company has its IPO:
“Booster Shot”
An underwriter will use “booster shot” as a way to reinforce attractiveness of a new issue of stock. This is a way to promote the IPOs strength. Definately some good stock lingo for everyone to be aware of. Booster shot anyone?
