I just missed out on a recent IPO listing on the ASX and I am still keen to pick up some stocks with this company.
I did read an article once that stated that IPO's were fraught with danger unless you really knew the company, their management and track record, and that one should hold off for a while until the dust settles.
Is this a fair comment? Is there a typical price trend/pattern that generally happens following a listing that may assist one if they wish to proceed with a future purchase.
