IPO Thread.

[ViShawn]

If y'all going to come in here and claim a IPO that takes off like a rocket then man up and claim it when it falls back to earth. Don't just say "this IPO is dropping on this day" and expect people to throw money at it. Do your research and explain why it's worth the money. Don't just sell a brand name.

Fiverr was bound to drop because of two very important things. They do the same thing as upwork but make less money than them and and they have no real plans for the money from going public.

Part of the time I post is to keep a pulse on potential value stocks in the future and of course some discussion.

I will say that I haven't put any money yet on any of the proposed stocks in this thread...yet. Many I watch out of personal interest and I'm trying to find ones that stand out to me.

I think the Uber IPO is interesting personally. Chewy and Slack. Unfortunately I am riding the marijuana stock wave right now and I don't like to do too many spec plays in my folio now.

 

[newarkhiphop]

Slack is doing a direct public offering (dpo) not (ipo) meaning they dont have banks or underwriters and it'll come out at a price that'll be determined shortly before it come out. the stock will be available on 6/20 around 11

so there is no way to "pre order" a stock so to speak?

 

[ViShawn]

so there is no way to "pre order" a stock so to speak?

Maybe talk with your brokerage about that. I never done it personally.

 

[Tug life]

so there is no way to "pre order" a stock so to speak?

Depends on what brokerage you have. My Webull brokerage offers early buying for certain stocks but you have to have at least $100 in the stock. Also slack is doing a direct listing so im not sure how that works


Also EDIT meant to say direct listing instead of direct public offering

 

[Tug life]

One thing I've noticed is investors getting in on the stock too late. After a huge run up you want to be extremely cautious about your entry point, you should wait for some type of pullback and buy on the upswing.

It sounds obvious that whenever someone sells there has to be a buyer, but its buying and selling at the wrong time. Example, Tilray went from $20 to $300 in about 2 months last year and lost nearly all those gains now sitting at $40. My point being for people to sell in the hundreds there had to be buyers so think about being the guy who bought in at $300 thinking its still going to go up. FOMO (fear of missing out) is real and you gotta control your emotions when investing, thats the biggest difference between those who succeed and those who fail.

You obviously want to get in early but that comes with studying and keeping your ear to the street. By the time you hear about a huge run up on the broader media like cnbc Bloomberg its already late because they've bought their shares now they just need someone to sell it to

 

[Ghostface Trillah]

Part of the time I post is to keep a pulse on potential value stocks in the future and of course some discussion.

I will say that I haven't put any money yet on any of the proposed stocks in this thread...yet. Many I watch out of personal interest and I'm trying to find ones that stand out to me.

I think the Uber IPO is interesting personally. Chewy and Slack. Unfortunately I am riding the marijuana stock wave right now and I don't like to do too many spec plays in my folio now.

Nothing wrong with that but like I said, people shouldn't just pop in here and just announce "xyz" is going public and people should buy it. There's way more tangibles to it. The first being that companies only go public because they need more money. Due Diligence has to be done. People are so afraid to miss out on a rocket they'll throw money at anything even though 99% of IPO's drop hard.

 

[Tug life]

If y'all going to come in here and claim a IPO that takes off like a rocket then man up and claim it when it falls back to earth. Don't just say "this IPO is dropping on this day" and expect people to throw money at it. Do your research and explain why it's worth the money. Don't just sell a brand name.

Fiverr was bound to drop because of two very important things. They do the same thing as upwork but make less money than them and and they have no real plans for the money from going public.

Nobody should ever throw money at a stock just because someone suggested it, thats one of the first things you should learn as an investor. As well as doing your own proper due diligence before you put money into a stock. With this being an ipo thread Im mainly looking for convo on whatever is dropping and seeing how they progress.

With Fiverr I said it would do just like jumia, go to the $40-$50 range then come back down and it did just that. But its still up 19% from ipo price. It should be understood that you are only supposed to trade ipo's dont know why someone would expect a stock to go parabolic everyday it will come down at some point.Nobody can or should tell somebody what to buy unless you are qualified to. With that being said it should be more info in this thread as a whole but investors should do their own due diligence, and learn when to get in and out of a stock

 

[Ghostface Trillah]

so there is no way to "pre order" a stock so to speak?

Yeah but you're subject to a "lockup period" which basically traps your shares whether they go up or down for a certain amount of time and most brokerages will have a high minimum amount of shares you have to buy.

 

[winb83]

If y'all going to come in here and claim a IPO that takes off like a rocket then man up and claim it when it falls back to earth. Don't just say "this IPO is dropping on this day" and expect people to throw money at it. Do your research and explain why it's worth the money. Don't just sell a brand name.

Fiverr was bound to drop because of two very important things. They do the same thing as upwork but make less money than them and and they have no real plans for the money from going public.

I'll probably dump Fiverr soon since my trade settles. I think I should stick to Fidelity for my IPOs from now on because they allow pre and post market trading. Chase doesn't Fiverr was at it's highest pre-market the day after it IPO'd I'm just waiting for a good exit position now but it's only $220ish I spent on it so if I lost it all I wouldn't trip.

I can't keep buying / selling unsettled trades cause I got an account lock for that a while back for good faith violations.

 

[newarkhiphop]

Yeah but you're subject to a "lockup period" which basically traps your shares whether they go up or down for a certain amount of time and most brokerages will have a high minimum amount of shares you have to buy.

read something today that said because there doing a direct listing that there is no lock out period

Yahoo is now part of Oath

 

[Arcavian]

I think the Uber IPO is interesting personally.

uber losing money - Google Search

 

[newarkhiphop]

sold my beyond meat in anticipation for slack tommorow

 

[YaFingerDealMe]

can somebody explain Akerna to me, anybody know how their software is going to work?

 

[newarkhiphop]

can somebody explain Akerna to me, anybody know how their software is going to work?

when you made this post it was at $25, it's at $40 right now

 

[YaFingerDealMe]

when you made this post it was at $25, it's at $40 right now

Lol I’m hip, I only bought a couple shares but I wasn’t ready for this