How to Compare IPO Bases

The pattern rack was built a decade ago to test out all sorts of different things with the bases. One question that would always come up is one base better than another. We studied every pivot that broke out, every stock with a pivot above 10 bucks and then looked at their performance. And as it turned out, the IPO base, as we're showing right here, 12.4% of the time, it ends up doubling from the close on that pivot day. It really told you you need to pay attention to these IPO bases.