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I am not fully agree with you Huo, all investor who step into bursa, only one purpose, made money. Most of the stocks that give "signal" to investors that they are confident and well doing company, director will BUY, to project to investors that company have 'future". It very obvious this company directors had planned and to sale all their share on hands 'with great opportunity". This practice should not be on first day of IPO In my opinion, even the first month of IPO listing.
Chill, bro. we all greed, that why we are here. what I want to highlight is that a company director also not believe in their self company than should we?
have a good day.
can buy the ipo stock if the market is good but when its fly exceed 150% from listing price, should not enter already. beyond 200% can consider kamikaze