No. of Recommendations: 5
Having the stock price move the "wrong way" immediately after buying is a common experience. It's not unique to IPO s.

Since short term price moves are essentially random you have close to a 50% chance of the price going down after you buy and a 50% of it going up after you sell.

But there is a compensation, since short term price moves are essentially random you have close to a 50% chance of the price going up after you buy and a 50% of it going down after you sell.

LOL

Denny Schlesinger
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