Did not get allotment in the recent IPO ?
Worry not.
The stock is now trading around 50 and is well below the listing price of 75.
Since nothing has changed much pre IPO and today, I wonder if investors who missed the chance will now get in specially that the stock is so cheap!
Technically, I have a simple rule... consider a buy when stock closes above last month's high. As of now, this is some distance away.
Worry not.
The stock is now trading around 50 and is well below the listing price of 75.
Since nothing has changed much pre IPO and today, I wonder if investors who missed the chance will now get in specially that the stock is so cheap!
Technically, I have a simple rule... consider a buy when stock closes above last month's high. As of now, this is some distance away.
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