No. of Recommendations: 1
I'm not buying the Cramer IPO comment. Even if cash moving to IPOs did affect the market, there's this...

"Professional investors took their highest cash positions in 10 years during January after the brutal fourth-quarter sell-off, according to the latest Bank of America Merrill Lynch Fund Mangers Survey."

Plenty of cash on the sidelines to dump into IPOs

https://www.cnbc.com/2019/02/12/investors-take-biggest-cash-...
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