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Home > Terms > English, UK (UE) > Secondary action track
Secondary action track
An IPOfn report that gives short tem buy and sell signals on the secondarys that have filed to issue additional stock but have not yet been priced. This is an extremely aggressive trading programme that follows proprietary IPOfn technical models. It is a very short-term trend following in nature and does not allow for trend anticipation movements in any of the stock.
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- Part of Speech: noun
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- Industry/Domain: Banking
- Category: Initial public offering
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