|
|
However, despite the clamor for new issues, the plain fact of the matter is that they're highly risky investments. Using data from Renaissance Capital, a supplier of IPO research, we looked at the 225 IPOs issued in 1998 for companies with a market cap greater than $50 million (anything less would be uncivilized).
That's a big swing for two stocks out of 225 and does not bode well for the buy and hold investor (coerced or otherwise).
While the open and the offer may feature, on average, a sixteen percent bounce, getting the offer and unloading the open is still a formidable task for the individual investor.Sign up for our free eNewsletter Dollar Stretcher Tips.

Looking for an answer to a frugal living question? Click here to ask a Dollar Stretcher Stretchpert!
Copyright 1996 - 2012 "The Dollar Stretcher, Inc." All rights reserved unless specifically noted.
Contact the Dollar Stretcher at:
Dollar Stretcher
PO Box 14160
Bradenton FL 34280
Voice 941-761-7805
Fax 941-761-8301
"The Dollar Stretcher, Inc." does not assume responsibility for advice given. All advice should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if advice is safe and suitable for their own situation.
| About Us | Privacy Policy | Writer's Guidelines | Sponsorship | Media | Contact Us |