UPDATE: SWSI IPO Open for Trading

The IPO for Superior Well Services (Nasdaq: SWSI) is now open and while the stock is up $4 from its $13 pricing there doesn't seem to be the volume that would indicated the institutions are buying the deal. Most of the trades we are seeing are 100 or 200 share blocks and the volume is rather lackluster so far. Note: We are just in the first few minutes of trading for the deal and this could change, just thought the action was interesting enough to note.

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