Remember when you could buy something in the first tick of the secondary market and make $
Well recent IPOs have given investors very little chance to do so.
Skullcandy, SKUL, opened up 12-15% higher in the first tick now almost back to the IPO price of $20
Zilliow, Z, traded as high as $59.81 b4 dropping back to earth of $43.50 which is still over 100% above the IPO price.
How does one get in ? You need big nutz to do so!
If you enjoy the content at iBankCoin, please follow us on Twitter