In your interest.
Online Personal Finance Magazine
No beating about the bush.
To focus on the short-term record of IPO gradings is the wrong way to use them. Here is the right perspective
Alot has been said about grading initial public offerings (IPOs). MoneyLIFE had even organised a seminar on this topic. Recently, a newspaper put out a list of IPOs with their grading and their post-listing performance. It shows an inverse correlation – the lower the IPO grade, the...