This post was just published on ZYX Buy Change Alert.
Sumo Logic (SUMO) is a new IPO that is likely to start trading this week. The company is a provider of cloud based real time analytics software. 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. IPO price is not known at this time. 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. If there is a call to buy in the after market for those who cannot get the IPO, there will be a separate post.
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