Friday, August 26, 2011

J M FINANCIALS MAINTAINS SPOT LESS RECORD !

In the last two years J M Financials had managed 15 IPOs and none of them are quoting above the issue price. The latest addition is Tree House Education which had negative closing, on the listing day. A rare distinction for a investment banker.

With that kind of judgment on premium, how can one expect the retail investors to earn money in IPO investing.

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