Monday, April 18, 2011

Small Investors Still Cheated by the IPO Process


On Thursday, two more stocks IPO'ed at significant gains. Unfortunately small investors were left out of the process until the stocks opened significantly higher. By that time though, these investments aren't attractive anymore and if anything the small investor comes rushing in and loses money. Nothing new in the investment world that continues to be rigged against the average small investor.
Both Zipcar (ZIP) and Arcos Dorados (ARCO) rose over 25% on the first day of trading....

Read the full article at Seeking Alpha

Disclosure: Long CCIH. Please review the disclaimer page. 

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