Wolf Money(OTS holdings IPO balloting result)

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As mention in my OTS review, 1m public tranche doesn’t go very far in term of retail allocation. The public tranche is 233x over subscribed (A record for IPO this year) If one did applied for the IPO, you have about 1 in 10 chance of getting 1k-10k shares depending on how many shares you applied.. Most people will be going home empty handed losing their 2 dollars IPO ATM fees which can be use to partially offset the purchase of their luncheon meat for lunch. Good luck to those who had been allocated. 


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Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for information only. Buyer beware,do you own due diligence.


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