Maybe dumb question but its something that has always been on my mind. As a chartist, I always like to see a picture on the daily or weekly's before I make a trade or at least to get a sense of the trend. Thus I never understood the excitement of IPO's. For one I don't even know how to fundamentally price...or value its "value" I was wondering if this is true to all traders, or are there traders that thrive on IPO intraday trading much like traders playing straddles come earnings season?