How to find IPO's | stockbee

5/07/2007

How to find IPO's

A reader has emailed asking how do I find recent IPO's, after my recent post on young turks and earnings.William O'neil emphasizes the importance of looking at young entrepreneurial companies with good earnings. Such companies tend to do well on earnings acceleration.

Now if you have TC2007 , it is very easy to find IPO's for your chosen time frames.
Supposing you want to find all IPO's that happened in last 5 years just follow the following steps:
  1. Go to "All Stocks"
  2. Sort by price growth rate 5 years
  3. All the stocks at the end which have no values associated with them are IPO's
  4. Flag them and put in new Watch list
  5. Use "Sublist" to remove "Exchange Traded Funds"
Similarly you can choose 1 month, 3 month, 6 month or 1 year sort to further subdivide this list.

13 comments:

Shiva said...

What do you think about IBKR IPO? I read people getting in on the first day expecting a big pop but the stock hasn't stopped tanking.

Pradeep Bonde said...

Buying IPO's on first day is ignorant peoples game.

You have to wait for the flippers to get out and then if it has good earnings and breaks out on high volume , then buy. Eagerly anticipated IPO's tend to under perform, while ignored IPO's do well. Also many times IPO's do well after lock up has expired, which tends to be after six month.

The easiest way to make money in IPO is to get alloted at IPO price through underwriter and flip it. . That option is not open unless you are a very special and big customer of under writing firms.

mrstrader said...

If you belong to IBD and have the "wizzard:, you can also go to the "general" tab and plug in dates for ipo's. You can further have it set to sort them for new highs during the day real time

James said...

http://biz.yahoo.com/ipo/

on the left you have links to Post-IPO Performance (3, 6, 1 year).

Very convenient.

walter said...

Pradeep,

If i want to consider a company's earnings acceleration or lack of it, what do i look at?:

1) Qtr. over Qtr. EPS Growth Rate
2) Earnings Per Share - Quarterly Results
3) Revenue - Quarterly Results (in Millions)

thanks...

GLBL chart has potential maybe...

Pradeep Bonde said...

Current quarter EPS compared to corresponding quarter last year.

walter said...

great - thanks

dee said...

pradeep
i was looking at your charts posted in feb about episodic events
you have some formulae with % true
on top of volume which shows volume event
please if you can post it.
thanks
mohan

Pradeep Bonde said...

C > C1 AND V > 5 * AVGV50.1 AND V > 10000 AND C > 5

dduck said...

Hey.

I have TeleChart.
However, I can not generate a custom Price Growth Rate column. All I can use are the fixed 1, 2, 3 and 5 years.

How do you do a custom one?

Pradeep Bonde said...

dduck
What period growth rate you want to calculate.

dduck said...

let's say 1 month.

Pradeep Bonde said...

There is pre existing scan in Telechart "Price Percent change 1 month"

100*(c-c21)/c21