Today At Big Think: "I Got IPO"

Today's topic at my blog "Resurgence" on

"I Got IPO"

"I got IPO" used to be the phrase that paid back when I was a stockbroker years ago. There was a certain segment of the investing population who would do almost anything to get newly minted shares of a company, no matter how big or small the company. The historical data showed that the vast majority of companies who went public recorded stock prices a year later at or below their IPO price, but if an investor thought it was a hot deal, they wanted in

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