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Buy this sort of thing is common in Cheap Louis Vuitton Belts, the farther will have an accident, this kind of problem frequently occurred alone illustrates the inferior properties of Cheap Louis Vuitton Belts financial markets. This is Cheap Louis Vuitton Belts financial market? Can’t blame the choice of institutions or investors, more can’t say investors are not rational, because they are benefit to make such a choice not wrong.

All the responsibility should the managers, because they evoke a distorted market, creating a distorted interests, and lure investors welcome. We have countless analysis, warning, opened new shares listed on the first day, only near the ipo market demand, not supply. This is not the result of natural selection, the market it is intentionally or not, Louis Vuitton Belts Replica is the huge gaps in the construction of the market. This is Replica Louis Vuitton Belts ipo mechanism of fatal weakness.

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Replica Louis Vuitton Belts Masters of market reforms, however, knowing that there is a problem, Buy have not changed, too. Not effectively solve the problem that the ipo so far. Isn’t it? A success rate is only 0.28% of the new north, science and technology, Louis Vuitton Belts Cheap opening a minute 44% harden, clinch a deal with only 3400 strands; In the price of a total of 135 million shares of the buying, and selling only a total of 50000 shares of the morning.

This shows that the ipo system reform, issuing market is still chaotic. The Treasury bonds repo rate surged to new issues, is an example, this seriously interfere with the stability of financial markets in Fake Louis Vuitton Belts. Soaring in the same way, after the new listings, is also the result of a run-up. Especially in the condition of high cost of capital, in order to cover the cost of agency need more crazy up new shares. Statistics show that, in accordance with the six over one thousand of new shares last month a success rate, the new shares subscription funds locked in 3 days, the average interest rate of 8% cost calculation, after the new listings must be gained 100% to cover cost of capital.

Louis Vuitton Belts With such a calculation, Louis Vuitton Sale you can understand, why last month issued new shares have risen by as much as 280% on average, for days after opening seconds (within a very short time harden). Have such a market mechanism, and it is not hard to understand why the Buy Louis Vuitton Belt stock market could be so was a mess. Managers are always blame investors don’t mature, rational. Buy even Louis Vuitton Sale investors don’t mature, rational is also the result of the mechanism of market distortion.