scottywh@lemmy.world to News@lemmy.world · 2 年前Reddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square170fedilinkarrow-up1638cross-posted to: reddit@lemmy.worldreddit@lemmy.ml
arrow-up1638external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to News@lemmy.world · 2 年前message-square170fedilinkcross-posted to: reddit@lemmy.worldreddit@lemmy.ml
minus-squareJordan117@lemmy.worldlinkfedilinkEnglisharrow-up3·2 年前There are no guarantees an IPO will pop, even a buzzy one. Uber debuted at the low end of their estimate and trended downward, for ex, and didn’t recover for over a year.
minus-squareBoozilla@lemmy.worldlinkfedilinkEnglisharrow-up2·2 年前My instinct was that there would be irrational exuberance for the stupid stock. And ignored it. The market is often pure speculation and gambling until the sobriety kicks in. Anyway, I missed out on this one because of my caution and contempt for reddit. No point crying over it.
There are no guarantees an IPO will pop, even a buzzy one. Uber debuted at the low end of their estimate and trended downward, for ex, and didn’t recover for over a year.
My instinct was that there would be irrational exuberance for the stupid stock. And ignored it.
The market is often pure speculation and gambling until the sobriety kicks in.
Anyway, I missed out on this one because of my caution and contempt for reddit. No point crying over it.