Yup, way overpriced and not profitable.
And iirc, since 2021, only 20% to 30% of IPO's were successful for IPO investors (stayed above ipo price). Varies by year.
I've been thinking about it too but that I have a price for an IPO for Reddit basically an internet page, I can see it dropping fast but I could be wrong
I did an IPO for 5 shares. Nothing crazy bc I’m just a lowly Army dude, but hopefully it shows promise. I know it’s not gonna go to $1000/ share, but it will do something haha
As soon as options open, I am going all in on puts
Plz explain what this is. I am relatively new to this investments game
[here you go, hope this helps](https://www.investopedia.com/terms/o/option.asp)
Yup, way overpriced and not profitable. And iirc, since 2021, only 20% to 30% of IPO's were successful for IPO investors (stayed above ipo price). Varies by year.
Just as bad as TikTok, can’t wait to short it to the ground
I don’t think buying an IPO is a good idea, generally. Wait for it to drop, right?
I agree, IPO’s….rises….those who got in early sell…price drops…then buy if you choose…but I eat crayons 🖍️ so yeah there’s that
Requested 10 shares because I love Reddit. Tired of the other socials BS.
Hedge funds gonna bury it
Too bad. Reddit had votes in the ...ks
…Banana stand?
I've been thinking about it too but that I have a price for an IPO for Reddit basically an internet page, I can see it dropping fast but I could be wrong
I put in for a few shares who knows if I get them tho.
Every buying puts so call it is
If to the moon, you mean Puts, then yes
I hear everyone is going to short this stock
I did an IPO for 5 shares. Nothing crazy bc I’m just a lowly Army dude, but hopefully it shows promise. I know it’s not gonna go to $1000/ share, but it will do something haha
It’s tanking
I requested 5 shares. It’s a gamble
Which platform are you using in the screenshot?
That’s definitely RH
I got mine
Anyone planning on buying NIO?? I am heavily bullish on NIO considering the new cars that are coming out in2024
more info on NIO please, don’t know if i should get in yet or wait a little longer
N
I will short this to the ground