NotLambchop
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December 09, 2014, 05:59:50 PM

You must learn to read.

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SecondMarket’s first syndicate, for instance, received 186 bids from 42 bidders for the government’s June auction, far more than its second syndicate.

It's about the first auction. First auction, they didn't even win any because Draper took all. But now, Draper got cold feet and the smalltimers had their turn.

Uberbulls who flung invective at me for telling you the auction would sell below market:

Not even bothering to wait 4 ur apologies.