IPO Market Getting Ripped
Time to eat crow over our panning of the Jamdat IPO. Mobile game-maker Jamdat’s stock spiked 50% on day one. We continue to think that this stock is risky business and that a nasty quarter will wipe out investors’ gains. Still, it’s great to see some kick in the market’s step.
Read – 1999 All Over Again (Motley Fool)