Are you doing google search for a brokerage take for an upcoming IPO?
Chances are very high that you may get hundred of news reports from various media houses with same brokerage house reports.
The reason is PR agency or public relation agency which keeps sending ‘Subscribe’ or ‘Not Rated’ kind of reports to various journalists and all of them produce the same content considering the reports the marketing agency share.
Lesson: Don’t rely on media reports for brokerage take for IPO or stock picks. Always do your own homework or consult your financial advisors before taking any position.
Do let me know in the comment section if you have got more Avoid or less Buy calls from any PR agency.
Zero Battey Zero 