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Old 01-19-2004, 04:57 PM   #8
ray
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Join Date: Jan 2003
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Quote:
Originally posted by attgig


going by blu's reasoning, shouldn't you just sell right after ipo when it's trading higher than the company's worth?

That is assuming you can purchase at the IPO price. IPO prices are typically reserved for larger investment institutions and private traders that have connections or large sums of money backing them up.
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