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Vampires and werewolves have vanquished a dark knight.
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for more companies to raise money through IPOs in 2010. But the response to two of the newly public companies shows that investors continue to be careful about where they place their bets.
Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: In bulk, with slashed prices.