Right. That's why I always thought buying IPOs is a bit of a mug's game. | Hacker News

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		nescioquid on Dec 22, 2020 \| parent \| context \| favorite \| on: SEC Approves NYSE’s Plan for New IPO Alternative Right. That's why I always thought buying IPOs is a bit of a mug's game.

alisonkisk on Dec 22, 2020 [–]

Buying anything volatile is a mug's game. An IPO is infinitely volatile since it has no history.

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