I invested in a couple of IPO's in the last month and both have lost me money. Wondering if this era of making money in IPO's is over. Either they are crap and no one invests or lots of people invest and their is a rush for exists as soon as it hits an exchange.
because most of them are scams.
the scammers used to take money and run.but now they get their coins listed on exchanges,bought themselves and dump all.
It's seems like the position to take these days is not invest in the IPO and buy after the first dump. I've had some limited success doing just that recently.