Quote:
Originally posted by zippyjuan
If you do not have a connection who can get the IPO price, I would agree with lilbigblu and wait two or three months for the price to stablize. After the initial frenzy it will take that long for it to die down and the people who are only looking to get a quick buck and get out will have done so by then. After that it will take earnings growth to move it higher.
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going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?