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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devo's picture

It's really not that weird.

williambanzai7's picture

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

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

AlaricBalth's picture

Translation: AAPL is evil.

devo's picture

"We love you short time"

buzzsaw99's picture

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

Never One Roach's picture

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