Wednesday, September 8, 2010

ST - Bain lock-up

Barlcays, one of the underwriters of the deal, has gone restricted on coverage of ST. Meaning, I assume, that they are going to be doing a deal post-Friday lock-up for some of Bains shares. If a client has short term cash needs, etc, I would be a seller of shares, and buyer once things clear in regards to this.

Shares not very liquid at the moment…

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