Rosetta Stone IPO: Good Risk / Reward Trade Below $20 [View article]
It should be illegal to float an IPO until all relevant financial information, are available on a multitude of financial web sites such as Marketwatch, Bloomberg, Yahoo and Google.
The data must include historical revenues, hsitorical earnings, size of offering, share totals and float, and number of unvested options.
The SEC should be responsible for enforcing the above requirement.
People buy into these IPOs without even reading the S-1 registration statement, basically "investing" blindly based on momentum and hype.
Rosetta Stone IPO: Good Risk / Reward Trade Below $20 [View article]
The data must include historical revenues, hsitorical earnings, size of offering, share totals and float, and number of unvested options.
The SEC should be responsible for enforcing the above requirement.
People buy into these IPOs without even reading the S-1 registration statement, basically "investing" blindly based on momentum and hype.