Kaliico, Help me here gang. For what it is worth. . I don't see a clear pattern in these. . .some pop well before the 25 days. . some after on upgrade. . .some not. . .some spike and drop. . others don't stop rising. . .
I am playing these as daytrade/swing trades . . . minimum of DD and maximum of studying trading patterns, float, momentum, charts, etc. .
Yes, on supply/demand. . .my guess is that all of this speculative fever on IPO's is just as we saw several months ago. . .Daytraders picking them off and literally calling them off one-by-one. . .they jump into one push it up, jump out and run to the next. . . .making it a crap shoot to be in them at the right time. . . that is why I am more interested in SELLING today than buying. . .
We did our buying. . .we picked the right ones. . .for goodness sake. . .we did a fantastic job of picking the right ones. . . but as they pop, if we sell. . .we are traders. . .if we don't, we are investors. . . .today. . .I want to be a trader in IPOs. . . .and an investor in the great stocks that we selected throughout the summer. . .like TUNE/LDIG, ADAP, LQID, T, INTC, ADFC, ARTT, CNET, CMGI, ATHM, COVD, NXTL, NT, NITE, HLTH, GBLX, and on and on and on. . .
So as these IPOs pop, I am focused on the volume. . .if they get several million traded, then volume drops off steeply. . .I am jumping ship and moving on. . .I may still reload. . .but this is my strategy on IPOs on days like this. . . this is the sort of day we wait on. . .and suffer the losses. . .as we await the pops.
But the most important thing to remember is this. . . .once we take profits on a stock. . .it must be RE-EVALUATED from scratch. . .to decide if it still shows great potential. . . . not just automatically re-load. . .there may be better candidates. . .
Let's discuss the candidates from scratch as they pop. . .to check potential. . .they won't all go 'to the moon.'
ALWAYS RE-EVALUATE. . .BEFORE RE-LOADING.
Rande Is |
