This post was just published on ZYX Buy Change Alert.
Avalara (AVLR) is a new IPO. The company is a cloud software company that is providing tax compliance tools to businesses. In simple words, it is the TurboTax of business. This is a call to get up to 70% of the full core position size in the IPO. Many of our subscribers who are ultra wealthy and money managers are able to get this IPO. However if you are trading with a discount broker or do not have already established connections, you are not likely to get this IPO.
Consider stops in the zone of $0.03 to $0.17 below the IPO price. The IPO is likely to price in the $21 to $23 range but this may change. We will provide you with target zones and how to trade as the trade progresses.
Caution: This is a call to buy in the IPO and not in the after market after the IPO starts trading.
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