Originally Posted by MTG#10:
Anyone buying any COIN tomorrow? Sounds like it's going to open around $250/share but most think it'll be more than double by the end of the year. I've never bought a stock on the release day, is there a certain time they usually open for trading?
IPOs normally go public mid day, no set time. This is a direct listing instead.. not sure if that changes anything. Spotify did it a few years back and there have been a few other companies since.
Given the hype and how the markets been behaving of late, it'll probably initially list publicly way above the $250 range. Guess we'll see! [Reply]
The ten dollar wall stops it every time, like a teenage boy getting the courage to ask a girl to the prom and he goes up to her and gets all flustered, walking away knowing he failed miserably. [Reply]
FTR he advised to sell ZOM around the 2.30 mark which is where I sold for a profit.
I think he has some good tips, especially on options, but most definitely don't blindly follow all his plays. I made a nice chunk off PLTR which was one he recommended. [Reply]
Originally Posted by scho63:
Anyone worried China might do something stupid with Taiwan and crush the market?
I'm thinking of getting a semi conductor stock but I can't go with TSM because the environment over there is so volatile. Check out the Taiwan news they are constantly at odds with China. If TSM goes down the other semi conductor stocks go up am I right? [Reply]
Originally Posted by neech:
I'm thinking of getting a semi conductor stock but I can't go with TSM because the environment over there is so volatile. Check out the Taiwan news they are constantly at odds with China. If TSM goes down the other semi conductor stocks go up am I right?
I've owned TSM since 2019 and I think it's a great long-term buy. Their revenue growth has been very strong and the chip shortage only helps them. They have a big moat which I love. China is not killing their golden goose, I am comfortable holding for the long term. Yes it's volatile but that's just the chip market right now. [Reply]
I started getting into a junior oil company (recaf) a while back when it was super cheap and they announced they locked up a huge section of ground for exploration. Their first test well just posted really good results and the stock is currently up about $1.50 just today, to around $4.30. They are getting geared up for test well #2, and I'm keeping my fingers crossed. I don't have a lot but I've gained a few thousand bucks just today on that jump alone. [Reply]
