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What exactly is the meaning of an IPO getting over subscribed??
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In the context of which it is said I think he was basically saying they are over invested in, or they are taken interest in extremely heavily by major institutions. A ton of demand to become investors in the IPO and not enough shares to go around perhaps?
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Blain Reinkensmeyer
Elite staff member, stocktradingtogo.com
Community manager, covestor.com.
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