| Thanks for the post. Things were definitely easier last year. Check out the charts for overlooked IPOs: SWCM, KQIP, KEYN, IIJI, ITXC, IBAS, GRIC, RPCX, TRRA, USIX, all of which could be bought at reasonable prices on the open market during the first few days of trading and all of which subsequently doubled or in many cases tripled. KQIP was a classic one that was hidden by UPS's debut. It's an informal observation though, and I haven't researched it fully. Plus, the IPO market is different now, and it is harder to find quality IPOs that are overlooked, like you say. For example, an overlooked high quality IPO that I purchased recently, PECS, has only gained 25% or so. Last year this would have been snapped up much more rapidly. |
