Few days ago I came across this useful web site www.listedcompany.com. It has many useful information and services provided for investor.
Particularly referring to its IPO page, the company managed to compile a list of IPOs details such as IPO price, 1st day closing price, gain/loss etc. You can see that that almost 9 out of 10 IPOs launched in the year 06 and 07 experienced a gain on its first trading day. Narrowing down further, IPOs launched in the last 3 months experience positive gain and highest RH Energy with a 171.9% gain on its 1st trading day (Bidded but was not allocated for the lot argh). You would have gained aplenty if you were allocated some lots for every IPO and sell them on the first day. On the other hand, with more and more people entering the market, the chances to being allocated for even 1 lot is getting lesser and lesser.
With the few recent market corrections beginning to forcing some investors to sell and causing panic and fear, will this stretch of IPO bull run continue for the next few IPOs?
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