Pump-And-Dump Beats Buy-And-Hold In The New Normal IPO Market

Tyler Durden's picture


In today's 'fast money'-inspired, everyone's-a-winner, there's-a-bull-market-somewhere world of investing, the old school remains stoic in their buy-and-hold mantra that the Fed has your back and over the long-term retirement is assured and 'holding-hands as you walk along golden beaches with your loved one' is a mere few percent of your salary tithed away every month away... Well, sorry to steal the jam from their donut, but across a massive 568 IPOs in the last few years, Bloomberg's Chart of the Day shows that, in fact, buying and dumping within one-day is massively more profitable than buying-and-holding in the new 'capitalism'. As the mainstream media can't help but notice every uptick in China's share prices as a sign that all-is-well in the world, the local fund managers live by a different meme: "It’s weird that in China the longer you hold new shares, the bigger losses you’ll take."



Chart: Bloomberg's Chart of the Day

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Wed, 12/19/2012 - 16:28 | 3080042 devo
devo's picture

It's really not that weird.

Wed, 12/19/2012 - 22:01 | 3081235 williambanzai7
williambanzai7's picture

No it's not. It's the Golden Turd Ball in action.

Wed, 12/19/2012 - 16:32 | 3080055 mmk980
mmk980's picture

It seems Apple stuff 2 millions iPhone 5 and not sale to end users. Now iPhone 5 is everywhere in China retails and retailers are complaining the stuffing.

link in Chinese

Wed, 12/19/2012 - 16:38 | 3080068 AlaricBalth
AlaricBalth's picture

Translation: AAPL is evil.

Wed, 12/19/2012 - 16:42 | 3080082 Smuckers
Smuckers's picture

Hold and Mold.

Wed, 12/19/2012 - 16:48 | 3080099 devo
devo's picture

"We love you short time"

Wed, 12/19/2012 - 16:54 | 3080115 buzzsaw99
buzzsaw99's picture

confucius say man who go to bed with itchy butt wake up with stinky finger

Wed, 12/19/2012 - 17:20 | 3080193 Never One Roach
Never One Roach's picture

Puming-and-Dumping stocks is much more profitable then Flipping Houses....much less risk and much less transaction costs.

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