Closed at $6.50 today. Not very impressive. It really makes me wonder. Do we really think that we are so much smarter that the market?

With a low float and an IPO of $10, answer me this.

Why are the institutions that bought at $10 not grabbing every single share that becomes available below $9 ??? At these prices , where are the buyers? and furthermore, Why was the SP allowed to get anywhere near $6.50 by those IPO investors ???

Who are the fools in this senario??

Rico