Monday, December 20, 2010
Tis the season, to review your trades and figure out which stocks were naughty and which stocks were nice. You could of doubled your money if you bought these IPOs at the proper point. Many of these stocks had some great setups, did you catch part of the move?
While the returns on IPOs look pretty sexy, they can turn into a love-hate relationship. In a few weeks they can surge 100% and give it up twice as fast. You need a clearly defined method to manage the volatility and your own sanity.
I recommend going through the entire list of IPOs from Bluefin. Drop the watch list into your favorite charting software and view them on a daily chart with a start date of Jan 1, 2010.
SVN 7 DAYS GROUP HOLDINGS LIMITED(ADR)
RP RealPage, Inc.
QLIK Qlik Technologies Inc
OPEN OpenTable Inc
MCP Molycorp, Inc.
LOGM LogMeIn, Inc.
KRA Kraton Performance Polymers Inc
GMAN Gordmans Stores, Inc.
HSFT HiSoft Technology International Limited
FTNT Fortinet, Inc.
CIS Camelot Information Systems Inc
BSFT BroadSoft Inc
ACOM Ancestry.com Inc