Thunder Good-Oil
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- Dec 2, 2011
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“Capitulation” seems to be mostly head fakes these days. Get more retail customers to pile in and then boom - another leg down.
Almost every IPO turns into a pump and dump. How many quickly lose half their value? The sweet spot seems to be to wait a few months, buy good businesses that have been hammered, and then ride the next pump as insider lockup periods begin to expire.
Almost every IPO turns into a pump and dump. How many quickly lose half their value? The sweet spot seems to be to wait a few months, buy good businesses that have been hammered, and then ride the next pump as insider lockup periods begin to expire.
