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IPO New Highs
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Thu Nov 20 2008

Thu Nov 20 2008

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IPO New Highs


Sort of a "New America" tactic I take it.


IPO's of late (since March 03') have done very well for savy investors. Most of the companies have real earnings and have been in business a while. The astute investor can make money from the get go, trading technically until they report some earnings. Most IPO's start trading reasonably so that you can buy after they start trading, often times at a discount to what they priced at. IPO's are the life blood of the markets.


IPOs are plenty risky, depending on sector.


Google has had a pretty good IPO so far. That seems like the only noteworthy IPO I can even think of right now.


Me too. Not a whole lot of really exciting IPO's to get pumped up about these days. Google has been holding their own. I'm sure the founders have to pretty excited with how far they have come. It started out as some crazy looking computer in a dorm room if I'm not mistaken.


The best IPO's of late are... GOOG - 100.35 to 138.85 CNS - 13 to 16.16 ECST - 6 to 7.77 BLKB - 8.55 to 10.46 (lost momentum at 12) JMDT - 22.51 to 27.45 JOBS - 21.15 to 26.60

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