Historically, euphoria surrounds a new listing as many are hoping to make a fortune on day 1. I am not saying that is the case here simply offering sage words. 1. IPO was at $1.70 (so a nice profit already and many will be taking cash and running) 2. Top 20 shareholders own 89.7% of stock so limited "free" trading opportunities.
IMO,this is a very easy way to lose money, if you are inexperienced.
simply offering sage words.
