LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: kjs who wrote (9919)	3/11/1999 9:18:00 PM
From: kjs	Read Replies (3) of 43080

here's an interesting article in red herring which many of you may have read and know about. but i wanted to get some thoughts into it. redherring.com they say underwriters can only issue reports on recent ipo's after 25 days. looking at the 5 day charts of the companies they mention (hlth prgy vert onxs srna), they all have a nice surge in price if one had been holding a little bit before the 25th day. Here's a look at the charts: quote.yahoo.com Note the rise btw. Fri Mar 5 and Mar 8,9 when the reports come out. Any thoughts on using this as a sort of strategy for recent ipo's?

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