Why Financially Engineering to find profitable IPO price is not called a Scam?

2 points by OnuRC ↗ HN
Seriously, is it only not scam, because it's more sophisticated and calculated so only very rich and certain equity owners are allowed to dump stocks to public investors?

2 comments

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Public investors can choose not to buy it if the price point is a scam. Hence that choice makes it not a scam.