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Strategies & Market Trends : LastShadow's Position Trading

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To: kjs who wrote (10445)3/12/1999 6:43:00 PM
From: Susan Saline  Read Replies (3) of 43080
 
To: +kjs (9919 )
From: +kjs
Thursday, Mar 11 1999 9:18PM ET
Reply # of 10526
>>>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.

>>>hlth+prgy+vert+onxs+srna&d=5d

>>>Any thoughts on using this as a sort of strategy for recent ipo's?

I am sorry to respond late .... but I wanted to get back to you on this.

I noticed this about the time INSP IPO'ed ... and have been following ipo's ever since.

This does happen often ... but it seems most profitable with the net stocks of late.

That is one of the reasons I have been so bullish on PRGY

Many ipo's have done very well one month after open

FOX is another to look at .... same thing

I think it best to follow several IPO's and show patience before entering too soon.

so the answer to your question is a definate YES ... watching and playing the ipo's ... after the "quiet period" can be very profitable.

news and new broker coverage comes out soon thereafter

If anyone follows any IPO's in particular ... that are not at 1 month old yet ... maybe they could mention them to the thread and we could all look for a play.

sue
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