Comment by edoceo 6 months ago Prediction: in 180 days it's below first tickEdit: I said IPO but I meant first tick. 5 comments edoceo Reply matwood 6 months ago The first trade price and not the IPO price? That's likely because the IPO is so over subscribed it's likely to pop 40-50% on it's first trade.If you're talking about the IPO price, I think that's unlikely without some exogenous event. edoceo 6 months ago Note to future me: IPO priced at $33; first tick at $85; closed at $115.50 levocardia 6 months ago how strongly do you believe that prediction? Strongly enough to short? edoceo 6 months ago I won't short. I will buy a dip (like I did with NET and PLTR). It will turn positive for me while EPS is still <1 henry2023 6 months ago I might sell call spreads on it if implied vol is rich enough
matwood 6 months ago The first trade price and not the IPO price? That's likely because the IPO is so over subscribed it's likely to pop 40-50% on it's first trade.If you're talking about the IPO price, I think that's unlikely without some exogenous event.
levocardia 6 months ago how strongly do you believe that prediction? Strongly enough to short? edoceo 6 months ago I won't short. I will buy a dip (like I did with NET and PLTR). It will turn positive for me while EPS is still <1 henry2023 6 months ago I might sell call spreads on it if implied vol is rich enough
edoceo 6 months ago I won't short. I will buy a dip (like I did with NET and PLTR). It will turn positive for me while EPS is still <1
The first trade price and not the IPO price? That's likely because the IPO is so over subscribed it's likely to pop 40-50% on it's first trade.
If you're talking about the IPO price, I think that's unlikely without some exogenous event.
Note to future me: IPO priced at $33; first tick at $85; closed at $115.50
how strongly do you believe that prediction? Strongly enough to short?
I won't short. I will buy a dip (like I did with NET and PLTR). It will turn positive for me while EPS is still <1
I might sell call spreads on it if implied vol is rich enough