BUYING IPOs FOR “DUMMIES” — THE PLAIN AND SIMPLE
In the tradition of the “For Dummies” books, I give you the short and sweet on trading and/or investing in IPOs:
Buying into an IPO is actually one of the easiest decisions in stock investing but never let a broker con you into doing it the day of the offering.
Instead, note the high price and the low price on the first day the IPO is traded. Those are…