In an ideal world, this would be perfect. IPOs used to work more or less like this (albeit at a later stage). Unfortunately, it has been decided that amateur in

In an ideal world, this would be perfect. IPOs used to work more or less like this (albeit at a later stage). Unfortunately, it has been decided that amateur investors will do stupid things when they have the option of buying stock in companies that could tank at the drop of a hat. Sarbanes-Oxley has completely killed off this possibility.