Think You've Found The Next Microsoft?Jeffrey Laderman
Getting in on the ground floor of a new company is part of every investor's dream. Who wouldn't want to participate in an initial public offering and buy a few hundred shares in the next Microsoft or Wal-Mart Stores? For many investors, though, IPOs have been a nightmare. It's common for new issues to sell below their initial offering price within 6 months to 12 months and stay that way for some time.
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