Thank goodness… September is behind us.
September is historically the worst-performing month for the S&P 500… down an average of 0.2%.
And this year, it once again lived down to expectations. The index closed the month in the red – dropping 4.6%.
While September was a disappointment for the public markets… it capped another record quarter for the global IPO market.
An IPO – or initial public offering – is when a private company lists on a public exchange.
According to a report by global professional services firm Ernst & Young, the third quarter ending on September 30 was the most active in 20 years for global IPOs.
Here’s the thing…
Daily editor Teeka Tiwari says the biggest gains from IPOs come from buying them before they go public.
In the pre-IPO market, early investors can get into companies for pennies per share and sell them for tens of dollars. That makes it one of the few places left where you can make crypto-like gains.
And that’s why on Wednesday, October 6 at 8 p.m. ET, Teeka’s holding an all-hands-on-deck emergency briefing.
It involves a pre-IPO company planning to go public on the New York Stock Exchange in the coming months.
Teeka’s last pre-IPO recommendation at an event like this filled up in less than 12 hours… And it’s possible this deal could fill up even faster.
The man behind this deal is one of the most successful venture capitalists of our generation. Insiders compare him to Elon Musk and Richard Branson. And his previous 11 deals have built his billion-dollar fortune.
Teeka says space in this pre-IPO deal is limited, so that’s why he’s holding this urgent briefing. Click here to learn more…
And then read on to learn why pre-IPOs can shine even when the rest of the market is struggling…
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily