Category

IPO

IPOs

Millions of Investors Get Suckered by Hot IPOs - Here's What to Do Instead

Almost nothing generates a bigger financial media splash than a red-hot initial public offering (IPO). It's like the Oscars, Christmas, and the Fourth of July rolled into one.

And (with the exception of a few cannabis IPOs) that can be a bit of a problem for regular investors, who might naturally get excited by the hype.

An IPO like Lyft is like a big, fancy dinner, where huge players – like Carl Icahn, say, or Ray Dalio – and the underwriters are all sitting at the table chowing down on gourmet food. They get first dibs, and the best prices.

In fact, just yesterday, The Wall Street Journal reported Carl Icahn sold his 2.7% Lyft stake to George Soros ahead of the public offering.

Under that table, scrounging for scraps that might fall, are… regular investors like you and me.

It's often nearly impossible to buy shares, and if you do manage to get an order filled, you'll almost certainly have paid way too much.

Yep – our "competition" in the IPO game is folks trading $550 million positions like they're trading baseball cards.

I'm going to show you what else is happening with these big IPOs - and I'll name a much better way for investors and traders like us to cash in...

IPOs

The 3 Biggest Reasons to Avoid the Lyft IPO Next Week

As the first big public offering of 2019, Wall Street has been generating a lot of hype around the Lyft IPO.

Over the last few years, ride-sharing services have created a new generation of contractors under a gig economy. Beyond that, they've dethroned the tax industry with their rise to the top of transportation.

And Lyft's estimated $23 billion value has some investors convinced.

But don't let the buzz distract you from a few key red flags...

ipos

The Lyft IPO Is Now Official - Here's Whether It's a Buy

On March 1st, the popular ride-sharing service Lyft announced that it had filed paperwork with the SEC in anticipation of an initial public offering.

Most of Wall Street didn't bat an eye – both Lyft and its rival Uber have been dropping hints of imminent public offerings for months.

However, there's still one question hanging over the Lyft IPO: Is Lyft stock a buy?

Read more...