A Green Shoe
Question
A Green Shoe is_________________A) the underwriter’s option to sell 15% more shares at offering
price
B) the preliminary prospectus provided to the SEC before the IPO
C) an advertisement about an upcoming IPO
D) the date that the company files the IPO
E) the date that the registration period with the SEC ends
In the case of Frank Curzio versus the Chimp, the Chimp was able to outperform Curzio because:
A) Curzio charged higher fees which reduced returns
B) Curzio was running a Ponzi Scheme
C) the data Curzio used in his analysis was already reflected in stock prices
D) the chimp chose lower risk stock than Curzio