Is it best to buy a new stock as an IPO or wait until employees begin selling their shares in a few months? TY

Weston asks:
The company will come out of bankruptcy soon; by issuing new stock to its creditors it’ll be back on it’s feet. The employees will be permitted to sell their shares in a few months. Should I wait to buy and if so how long? It’s still a great company and any help would be great. BTW I want to use Scottrade! Comments on that too…
The company will come out of bankruptcy soon; by issuing new stock to its creditors it’ll be back on it’s feet. The employees will be permitted to sell their shares in a few months. Should I wait to buy and if so how long? It’s still a great company and any help would be great. BTW I want to use Scottrade! Comments on that too…
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First, who says you can get in on the IPO, especially using a discount broker. Second, if it is coming out of bankruptcy and the creditors are now the stock holders, it is not really an IPO; and it will not get the same kind of returns as other more traditional IPOs.
If it copuldnt break even once, what makes you think it would break even the second time. Statistically, it is a loser.
You cannot buy IPOs (Unless you have at least $10,000,000.00 USD)