The best effect of having this IEO offering is pushing our investors back to try again to play buy and sell. Since the market turns in red everything get collapsing. Investors decrease day by day and the good things made by IEO was showing that world of investment is still alive.
I think I support this point of view, IEO has brought some form of thrill to the market but just like this post pointed out I think it could be catastrophic In the long run if not properly regulated.