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0 pointsedoceo7mo ago0 comments

Prediction: in 180 days it's below first tick

Edit: I said IPO but I meant first tick.

0 comments

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.

edoceoOP7mo ago

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?

edoceoOP7mo 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

I might sell call spreads on it if implied vol is rich enough

j / k navigate · click thread line to collapse

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.

edoceoOP7mo ago

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?

edoceoOP7mo 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

I might sell call spreads on it if implied vol is rich enough

j / k navigate · click thread line to collapse