ISBN-13: 9780595311187 / Angielski / Miękka / 2004 / 312 str.
ISBN-13: 9780595311187 / Angielski / Miękka / 2004 / 312 str.
Despite all the securities laws enacted to prevent fraud, "Let the buyer beware" still reigns in the new issue market. Everyone who has ever jumped at a get-rich-quick scheme with a public offering touted as a financial bonanza, only to find later that they have been burnt, will profit from "The ABCs of IPOs." Formerly an engineering manager and risk-seeker, Mr. Chechile combines his experiences as a long-time investor with knowledge as a stockbroker to reveal how to avoid money traps, not only with IPOs, the "crown jewel" of new issues, but also with a wide range of popular new issue securities, including limited partnerships, convertible securities, and more.
"The ABCs of IPOs" explains the rules of the game, the roles of all the players, the arenas in which securities traders do battle, how to financially evaluate business organizations, and the not-so-obvious signals identifying which new issues have the potential to succeed, and which will likely be "turkeys." Mr. Chechile also gives rule-of-thumb guidelines to prevent investors from going broke while pursuing new issue investments, and makes recommendations for tactical maneuvers investors must make once their new issue, especially an initial public offering, starts trading in the marketplace.