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obviously, no price there. we have not seen the trades cross yet. we are watching the matching buyers and sellers. we are trying to figure out what it will open at. there is a lot of hype about it. it can take a while to get the real sense of the price discovery of what it will look like. $38 clearly is what the current price on the board. that is what the ipo price is, fr is what we have been told. who is this being offered? reporter: if you have a brokerage account with morgan stanley or other big firms, many have a lot of shares available at the $38 price. people have already placed those orders. they are waiting to see how much the investment will net them. if you are like you or me or an average investor, you put an order on td trade, you can see what price you will get. you will not get $38 a share. you will get a price that the market decides at the market today. $38. it is overpriced by certain standards? reporter: this is a very unique company. overpric ....