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Technology Stocks : Critical Path (CPTH)

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To: Caxton Rhodes who wrote (15)3/25/1999 3:25:00 PM
From: VIXandMore   of 185
 
Caxton,

They're strictly my heuristics and haven't been heavily tested, but for hot IPOs, if you're looking to get in early, I believe that your best bets for a good price are:
1) within 5 minutes after the stock opens
2) mid to late afternoon (2-2:30) once several intraday support and resistance levels have been set and the stock has drifted well off of the earlier high
3) wait 3-4 days after the IPO

I tried this with ALLR, VIGN and VERT with some success, but, as always, your mileage may vary.

-Bill
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