In your interest.
Online Personal Finance Magazine
No beating about the bush.
Of the 37 IPOs listed in the last six months, 32 are below their listing price
When Standard Chartered Mutual Fund launched its new fund to subscribe to IPOs and flip them over on listing, we had warned investors to stay away from such adventurism. The market was grossly overheated then and flipping IPOs is a function of the market climate, not the job of a fund manager. Well, that advice...