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Ep. 8: How Google's Chart Provides The Blueprint For Buying Hot IPOs With Mike Webster

Investing With IBD

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How to Double Your IPO Bases

Mike: 8.4% of all bases end up going on and doubling in price. That tells you there's this opportunity to make a lot of money, but also 90% of them aren't going to double. Mike: You need to take profits and you need to cut your losses. And what's so funny is Bill O'Neill came up with all these rules without any research.

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