Quote:
Originally Posted by marketsmart
never buy an ipo the first few weeks. it will either fly up in price and you will rpobably not get in at a good price. if you think the company is solid, let the stock settle after a few weeks and then get in.
the only people that make a killing on an ipo that does well are the guys with lots of money that get in pre ipo through their brokers and then sell the first week...
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Seems like the stock market isn't really for the retail investor anymore. All news I hear is that the "retail investors got wiped out" etc. You see companies open the day with a straight line going up or down, it's just impossible for someone who isn't a hedge fund manager to take the same kind of advantages.