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[–] ilikeskittles 0 points 0 points (+0|-0) ago 

I'd like to look at their financials, what the hell are they burning money on? Company should be a cash cow.

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[–] voats4goats 0 points 0 points (+0|-0) ago 

He's right. If anything an IPO is either to a) make a shitton of money back and recoup your private investment and then some OR b) cut your losses and sell to the gullible arm chair investors

Me and coworker actually went through IPOSof the last 12 months to see which were above thier IPO Price a year later.

I recall it being around pitiful 3 out of 10 success rate. Needless to say, never bought into IPOS