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How does one decide if an IPO opens over-priced or under-priced?
Just because your broker has not seen fit to allocate you shares in today's IPO does not mean you can't make money off it!
There are so many recent examples of new issues with less than stellar opening days that have added on 10 or 20 points or more within a week or two. Heck, even JNPR and ARBA have ended up being steals on opening day!
Let this be a forum to discus proper valuations of new issues, target buy-ins, and issues running on hype alone. Maybe we can pick the next EELN in the 20's or at least save someone from buying an MPPP @ 100.
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