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Wealth Professional | 28 Nov 2014, 12:54 PM Agree 0
According to its latest round of financing, the car-booking service could be worth as much as $100 billion when it IPOs. Should advisors take the bait?
  • Gord Kirk | 01 Dec 2014, 06:28 PM Agree 0
    Only ever bought 1 IPO (at the retail price); now, 10 years later, it is in the final stages of declaring bankruptcy. Oh well!
  • Will Ashworth | 02 Dec 2014, 01:49 PM Agree 0
    Hi Gord,

    Stephen Jarislowsky says you should wait before buying an IPO because they usually trade below the issue price sometime over the next 12-24 months as a public company.
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