First off, please don't take anything I say seriously or as financial advice. As always, everything I say is on an opinion based basis. If anybody is excited for some potential IPO opportunities, Shift payments definitely looks like one of them. The price proposed at at $21, seems reasonable when looking at A) Competitors such as PayPal and Square B) Recent POS...
Parabolic breakdown from ATH is over Gaps filled 75-85 Mainstream euphoria is calming down FUD from Burger King Impossible lawsuit is a red herring Looks very good for a reversal, Small Company, Massive client & consumer base Market over reacted after the IPO bubble popped
Renaissance IPO as a IPO market barometer ...
The IPO for Uber (UBER) has fallen out the bed. The company priced its IPO at $45, opened at $42, and closed at $41.57. UBER’s one-day total loss in value from the IPO price was apparently the largest in history. For a moment, UBER looked like it could stabilize around its poor first day. Unfortunately, the next trading day a major market sell-off helped take UBER...
Since Lyft went public it has had a straight up beating to its price. Still looking for lower prices. Looking for a retest of 67$ and then targeting the 45$ price level which would mean a 50% decrease of its initial price at offering.
$LYFT - has been an awesome ticker to day trade the last week since its IPO on the 29th. Hit the short side the first couple days and nailed the red to green on day 4. Tickers like these that are moving irrelevant to the market conditions have had the most luck in follow through. Today we had another nice selling off action, with an ORB short setup at the open,...
IPO stands for initial public offering but it also stands for: it's probably overpriced :Imaginary Profits :Insiders Private Opportunity : Idiotic, Preposterous, and Outrageous Buying IPO is a bad idea because it flagrantly violated one of the...
i like the look of lgf.b here volume come in tagging the 20ma after low volume pullback could be long again this week, buy stop in with a look to trail this one in
News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares...