IPO (Initial Public Offer).
TYKR works by pulling 50 data points from the Income Statement, Cash Flow Statement, and Balance Sheet over 5 years.
When a company goes public, they don’t always release historical data. In some cases they release 1, 2, and sometimes 3 years. If we can get 3 years of data, then we can show a stock within TYKR.
Now keep in mind, most stocks that go public are doing so to raise funds. In other words, they need capital to grow the business. In most cases, the weak financials will reflect an Overpriced stock within TYKR. If you decide to show interest in an IPO, make sure you place a strong emphasis on the 4 M's (MOS, Meaning, Moat, and Management).
If a stock goes public and a bad quarterly statement is released, the stock can quickly fall. Be careful with IPOs.