Wall Street Sharks Cost These IPO Investors $3 Billion

0 | By Michael A. Robinson

You can make a lot of money in high-tech initial public offerings (IPOs).

I have.

And so have my members – plenty of times.

But you must follow Your Tech Wealth Blueprint’s second rule for grabbing massive tech profits – Separate the Signals From “The Noise” – and avoid Wall Street’s hype machine.

To see what I mean, let’s put the recent IPO from the photo-centric social network and messaging service Snap Inc. (Nasdaq: SNAP) under our microscope.

When Snap began trading March 2, it was the most hyped tech IPO of the past few years. Investors were told they were crazy if they didn’t get in on the action of a hot young firm with 161 million daily users and $405 million in 2016 sales.

You can bet that Morgan Stanley, the investment bank that underwrote the IPO, stood to bank millions in fees.

Fair enough. That’s how investment banks and IPOs work.

But four months after making all that money, the sharks at Morgan Stanley pulled the rug out from under Snap investors, costing them a combined $3 billion.

Snap shares are now down 45% from their IPO price.

Outrageous.

But you can avoid all that – and still make a ton of money on IPOs.

Here’s how…

You Just Made 19.5% in One Day – but You Can Do Better

0 | By Michael A. Robinson

The S&P 500 has moved roughly 8.3% higher since trading began last Jan. 3. The Dow Jones Industrial Average has done even better, gaining a little more than 10.1% in the period.

And both indexes stand near their record highs.

That’s not bad.

But you can do better.

A lot better.

Fulfilling financial dreams better.

In fact, if you followed my recommendation following our July 28 chat, you would have beat the gains of both those indexes – combined.

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