This is no growth stock but a blue chip thus the likelihood of rising 45% is remote considering we are now in the so call recovery period from the Great Recession.
Blue chip ain't blue when u overpay. I'm no fan of IPOs as the company listing it seeks maximum cash from its listing price. Is like a girl dressing up & with makeup to make a good impression on 1st date. Market is always there, there's no need to hurry & get seduce by the story of the listing company.
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