Don't rely on unsolicited information!

Just prior to the IPO, rumors circulate that high-profile big-shot investors are investing heavily and that many HNIs have invested in the grey market. In order to raise demand for the shares before the issue date, marketing teams typically create the subscription hype, which further leads to a dramatic spike in the stock prices. Once trading begins, it is usually believed that this rapid price increase is unsustainable and that a price collapse is imminent, which might have a substantial effect on the market as a whole. Never rely on such data or information. The management and founders' quality must be given more weight. Devoting enough time to evaluating their capacity for execution, thought, and vision is crucial. Only after a complete understanding of the company, investments should be made.