Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Today, the Financial Times reported that hopes for a reinvigorated IPO market may be based upon the recent “strong gains by newly listed stocks”. The Rabid Capitalist cannot be so sanguine, not only by virtue of disposition but also based upon a careful analysis of IPO stock performance data.
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