The footnote at the bottom of that second explains what a greenshoe is very well indeed.
FORBES: Explaining Facebook's IPO: The Greenshoe
The greenshoe gives bankers the option to sell more shares during the IPO if an offering is oversubscribed.
FORBES: Facebook Cofounder And World's Youngest Billionaire Offloads Shares
This sort of support only lasts for the first few days of the issue: or perhaps only until that greenshoe is exhausted.
At the end of all of this what we really seem to have now is that the stabilisation funds, the support mechanisms provided by the greenshoe, are now over.
This is what the greenshoe is.
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