Care.com (CRCM) stock IPO'd Friday and shares rallied from $21.50-$24.40. The stock gained momentum throughout the day and all dips were a buy. Care.com (CRCM) has been increasing revenues at a fast clip but the company still loses money. I would suggest waiting for a pullback before buying share right now. CRCM has major support in the $21-$22 range so use a correction into the zone as a buying opportunity for a trade. Long term, we will have to see if they can turn profitable but in the low $20's it's worth the risk. Check out more IPO's - http://www.blackberrystocks.com/ipos2014.html
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