new float strategy

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    Around 100 new stocks floated in the last 12 months - about two-thirds show a profit and a third show a loss on issue and listing price.

    Does anyone have a strategy that seems to work for picking new floats that go up after listing. I'm ignoring trying to get in on issue as probably the average small investor can only buy into the more dodgy floats - or is taht an unfair assumption?

    I'd be interested in haering everyone's thoughts.

    Cheers Anne
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