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Personally I avoid IPO’s like the plague.
Of all the IPO’s in the past, maybe 5-10 years that I have had any interest in was Alibaba.
In today’s market, when companies IPO its usually for early shareholders to get out.
[quote=”Assistanc3″ post=3899]Personally I avoid IPO’s like the plague.
Of all the IPO’s in the past, maybe 5-10 years that I have had any interest in was Alibaba.
In today’s market, when companies IPO its usually for early shareholders to get out.[/quote]
Yes it often is that but one of great opportunities both ways – think $FB $GOOG as two – I like watching never been fortunate enough to get into at ground floor – that’s for the elites.
Update on Blue Apron Holdings $APRN – maintained as Hold and the price target was cut to $4 from $6 (versus a $3.35 close) at Stifel.
Sadly for Blue Apron Holdings $APRN it hasn’t got any better they fell 5.1% Wednesday to post a new 52-week low of $1.66 after closing Tuesday at $1.75. The 52-week high is $5.93.
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