You have an arrangement with your broker to request 1050 shares of all available IPOs
You have an arrangement with your broker to request 1050 shares of all available IPOs. Suppose that 9% of the time, the IPO is “very successful” and appreciates by 112% on the first day, 81% of the time it is “successful” and appreciates by 15%, and 10 % of the time it “fails” and falls […]