Ep. 205 Kathy Donnelly: What To Look For In A Recovery
Investing With IBD
The IPO Renaissance and the FTF
In 2000, there were 397 IPOs a year. Now we're almost as much as that one year in 2000. 11% of the IPOs hit their high within 10 days and never go higher. 91% of stocks, IPOs will eventually undercut their day one price low. If it's not a stock like Microsoft or Apple that really keeps reinventing itself, they're not going to make it.
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