So buying on Open provided in few days a return of 7.7% to 165.5% even if we say 8% for few days ,that's way better than putting your money in the bank for 12 months and getting only 2%. That's my conclusion. What do you guys think. My Fiziq was not popular like Refined,I was informed. It was not that over subscribed it was all a beat up. The only Exception was AFG. It was a bit over subscribed but didn't deliver. I reckon it's a decent sample of 10 recent popular IPO's. I believe now that there is a 90% chance of a decent return, if we buy on Open for extremely popular IPO's.
Conclusion: 9 out of 10 ain't bad at all, 90% chance for a decent return, if you buy on Open and hold for 2 to 4 days at least. Good Luck, lets see Vitaco fits into this now.
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Recent Extremely Popular IPO's and Results of buying on Open, page-9
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