• Ann Archy@lemmy.world
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      9 months ago

      It’s going to be a cash flinging fest. Sign up for the IPO, put your money there, sell in the next days. I am no day trader but I don’t know of a single time I’ve heard of an IPO that wasn’t heavily pumped for the first hours and days. Not that I’m a filthy capitalist swine who would do such a thing, I’m just saying.

      • AAA@feddit.de
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        9 months ago

        All kinds of IPO don’t live up to their expectations. Facebook went down hard back in the day, for example.

        • Ann Archy@lemmy.world
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          9 months ago

          I think like this: “oh, that sounds cool and smart and has a catchy brand, a lot of people will buy things that sound cool and smart and have catchy brands, so let’s [hypothetically] buy that then sell it right after before the hype dies out in the face of reality”

    • Cheesus@lemmy.world
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      9 months ago

      It’s good for existing share holders. IPOs can be bad for investors too. I wouldn’t want to touch this stock