It is generally a good idea to use limit orders when purchasing IPOs on-line.

Name: It is generally a good idea to use limit orders when purchasing IPOs on-line.
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Using limit orders allows investors to set a specific price at which they are willing to purchase the IPO, which can help prevent them from overpaying for the stock. It also helps to ensure that the purchase is made at the desired price, as IPOs can experience significant price fluctuations in their initial trading days.

It Is Generally a Good Idea to Use Limit Orders