Friendly Hands
A nickname for investors in an IPO who will likely hold onto the security for a long time.
Investopedia Commentary
In contrast to a flipper, a friendly hand generally tends to look for stable, long-term profits instead of the quick fix.
Related Links
IPO Basics Tutorial
The Murky Waters Of The IPO Market
Don't Forget To Read The Prospectus!
See also: Booster Shot, Flipper, Gun Jumping, Initial Public Offering - IPO, Prospectus, Underwriting