Tuesday, October 19, 2010


Applied for GLP (10 lots) and MIT (30 lots). The idea is just to make some coffee money.

Only got 1 lot of GLP and nothing for MIT.

These IPOs are hot. I have let go GLP at 2.30. So, make a modest profit of around $310.

I do not think IPO provide a good entry price for stocks. I would rather wait for 6 months or more and let all the enthusiasm to settle down first before examining the merit to accumulate or not.

No comments:

Post a Comment