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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (4576)1/15/1999 1:50:00 PM
From: Dean  Read Replies (1) | Respond to of 56535
 
It seems that with IPOs, the only people who can really make $$$ are the initial buyers. Like for MKTW, it opened at 90+, no one but the original buyers could have gotten in below 80 or so. And even then it's risky since the price is already more than 4 times the offering price.

Am I wrong?

Dean