Rules of the Game: Use Caution With IPOs
The young year has already been a busy one for IPOs. That's understandable as companies seeking capital prefer to sell shares in bullish rather than bearish (or sideways) market conditions, whenever possible. This week, the successful debuts of Boise Cascade (BCC) and ExOne (XONE) were in the forefront.
But use caution with IPOs. In other words, don't get swept up in the hype and the hope of getting into something early. It's very typical for IPOs to show significant gains in their early days and weeks of trading, and then fall below the offer price....460 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
