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May 5 2021 01:13pm
Quote (dro94 @ May 5 2021 01:14pm)
That Coinbase IPO was even worse than Deliveroo


Facebook opened at 38, dropped to 22, and is now at 315. If you're an owner, you're fine. If you're a speculator, there's no reason to buy IPOs.
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May 5 2021 02:01pm
Bought cheap ass calls on ENB.$42.50/strike
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May 5 2021 02:56pm
Quote (Thor123422 @ May 5 2021 08:13pm)
Facebook opened at 38, dropped to 22, and is now at 315. If you're an owner, you're fine. If you're a speculator, there's no reason to buy IPOs.


That doesn't change the fact it was a disastrous IPO, especially with the crypto surge at the moment

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May 5 2021 03:07pm
Just got a job offer for a really exciting opportunity! The F8 opportunity is still in progress. :thumbsup:
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May 5 2021 03:14pm
Quote (dro94 @ May 5 2021 03:56pm)
That doesn't change the fact it was a disastrous IPO, especially with the crypto surge at the moment


Yeah, speculators getting rammed.
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May 5 2021 04:34pm
Quote (dro94 @ May 5 2021 04:56pm)
That doesn't change the fact it was a disastrous IPO, especially with the crypto surge at the moment


They went the direct listing route so they probably didn't get the benefit of the underwriting banks selling the company to their various clients. I think that may be one factor.

They saved money on fees but they might have lost that market on the institutional side initially.

The other part of it is I think is most smart investors don't trust their ability to maintain that type of revenue from fees. I bought some shares at 325 for trade but now holding them. I think their next earnings will be very interesting. Also feel that their customer churn will be very high. Most people i know start off with something like Coinbase only to migrate to cheaper exchanges.
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May 5 2021 07:38pm
Intel down to 56.8. P/E 12.87, dividend yield 2.34.

Probably gonna add soon.
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May 6 2021 08:44am
fucking market manipulation.

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May 6 2021 09:04am
Looking at bank account to see if there is room to purchase this DIP.
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May 6 2021 09:09am
Quote (S3th @ May 6 2021 11:04am)
Looking at bank account to see if there is room to purchase this DIP.


already bought yesterdays DIP lol RIP
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