[underpricing 字典没有,我估计的意思]因为管理者没能有力执行严谨的规则,随着谨慎的大投资者被一群小股民所取代,这种情况促进了流动资金的预期。
With regulators failing to enforce disclosure rules, and with cautious big investors overtaken by the herd of small punters, volatility was to be expected.
[underpricing 字典没有,我估计的意思]因为管理者没能有力执行严谨的规则,随着谨慎的大投资者被一群小股民所取代,这种情况促进了流动资金的预期。
With regulators failing to enforce disclosure rules, and with cautious big investors overtaken by the herd of small punters, volatility was to be expected.
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