SAM MANELLA'S MEAT MARKET, today's special, ways 2 play a hot IPO by Yor frend Jed
U C it all da tine, people want to get rich n day tink a hot IPO is da way 2 do it. Not dat sum people don't get rich off of IPOs but day R mostlee people who were in on the IPO. Regular peoples offen hav 2 buy IPOs on da open markit n dats whair da problums can cum in. So I, Jed, is har 2 shar X-peir-e-ence wid U causin I've learned my IPO lessuns da hard way sum tines whitched makes 4 a good memory.
A first ting 2 know about IPOs is dat dar R 2 kinds. Da ones dat take off n nevvar look back n da ones dat give da payshunt investor a chance 2 get in at a fair price. Most IPOs R of da second kind.
Greed n fear, dat is all dar is 2 da markit n dat is all dar is 2 IPOs. So da firstus ting 2 ask yorself is how much greed or fear R U feelun about da IPO of intrest. Now dat U know U R a greedy persun and just have 2 play da IPO, it is tine to figure out how 2 get in at a good tine or a fair price.
If U believe 100 purcent dat yor IPO will be a nevvar look back rocket, den U have 2 pony up da bucks an hope 4 da best. B sure dat greed is not tellin U dat a second kind of IPO is a rocket.
Wen U buy is impoortunt 2. BLUE knows a guy who made a stewpid mistake on a stock dat cost da guy a bunch of bucks. He was greedy n placed a buy on da open order witched is a reallee stewpid ting 2 do unless U R watchin tings like a hawk. He wuz sure he wuz gettin a rocket but it wuz a flop n sold off quick. N-nee-way Mudder Nature called right at the openun bell n dis guy crapped away thousands of dollars in minutes.
Wid da second kind of IPO U wait and buy affer da hoopla cools down or tings turn in yor favor. Even hot IPOs pull back during the day, offen twen-T 2 thir-T minnuts affer tradin starts is da firstus oppoortune-nit-T. So ifn U R a payshut persun U can get a good price offen.
De udder way 2 play is 2 play da IPOs by markit timin. 4 instance, da markit has run 4 sevveral days. N-nee chance 4 a little pull back in da days ahead? U get da pitture.
Good luck 2 Mr. Allen n frends 2marrow. Jed hopes U have a type 1 IPO rocket n make lots of monies.
yor long tine frend, Jed
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