Wall Street's IPO Pump and Dump had a bit of a "hiccup" here in July with only 9 priced so far, but never fear, 20 more are scheduled before the end of the month
NOTE: This post pertains to "junk stocks", not to be confused with Junk Bonds i.e. that other Ponzi-era time bomb.
Y2K Deja Vu: 74% of today's IPOs are running losses, the highest ratio since Y2K
This is why July was a bit "rough" for IPOs
IPO Aggregate Mutual Fund
Celebrating one year of pump and dump with a head and shoulders top
IPO Aggregate Mutual Fund
This is SFXE stock: They organize three-day Ecstasy Raves for teenagers
Highest return IPO this year
Yes, it's Intercept Pharmaceuticals
As always, the term "return" depends upon which end of the Pump and Dump you are on...
Biggest IPO Debacle So Far
Twitter
Best Performing Sector
Fracking
Still, only about halfway there - plenty more junk to come
IPO Count by Year
At the current "rate", this will be the highest IPO count since Y2K
In addition to hundreds of new profitless companies "coming to market"
Insiders from 143 existing companies will be dumping their shares into the market over the next five months