The recent IPO of QTT showed high interest in this stock. Although they are losing money at the moment, they have a large user database.
Many IPO stocks can be purchased at a lower rate within six months from the issue date, so it may be wise to wait for a few months before purchasing.
There is also some risk for the price to increase significantly until then.
Many IPO stocks can be purchased at a lower rate within six months from the issue date, so it may be wise to wait for a few months before purchasing.
There is also some risk for the price to increase significantly until then.
Comment:
It was a bad idea to get carried away by the wave and dream that the next days the stock will get higher and higher. It is rare when IPO's are very successful and in many cases the stock can be purchased cheaper within the first six months. It happened with stocks such as Facebook. So far the price cae down close to the initial IPO price of $7. There is a possibility the price may rise in the future, as there is one that the price may be falling.