IPO - Elsight Limited, page-63

My belief is that 90% of folk posting on HC listings talk about LT prospects of the companies and how they are going to be LT holders. In actual fact, the way they carry on post-listing suggests to me that more like 10% are MT/LT holders and 90% are opportunistic punters, trying to make some quick money on an IPO gravy train that's getting a bit tired.

The final arbiter of all these companies is commercial contracts and revenue or at least a window to that not being too distant.

Best two performing RTOs in the last few years, SAS RAP. SAS done by PSL, RAP was CPS from memory, or Trident - I forget. Both traded below float price.

All depends on investment timeframe, I guess but either a lot of folk on HC aren't being honest with their posts or they don't use stop losses.