"Supreme Chancellor and Glorious Leader SaveTheIntegras" (jegoingout)
01/15/2016 at 11:33 • Filed to: IPO | 2 | 11 |
It hasn’t touched or even come close to $50 since early December
R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 11:37 | 0 |
Wait for them to win or at least podium in Australia next spring, bet it jumps at least 3 points.
HammerheadFistpunch
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 11:44 | 4 |
IPO - Inflated Price at Opening.
ADabOfOppo; Gone Plaid (Instructables Can Be Confusable)
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 11:50 | 0 |
What did they open at for reference?
Supreme Chancellor and Glorious Leader SaveTheIntegras
> ADabOfOppo; Gone Plaid (Instructables Can Be Confusable)
01/15/2016 at 11:55 | 0 |
$60
Montalvo
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 12:03 | 1 |
I just laughed at the people buying the IPO from the get go. Their stock depreciates just like their cars.
StingrayJake
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 12:06 | 0 |
I seem to recall most smart people saying that it was a horrible long-term investment. The best strategy was to jump in at opening, watch it balloon for in the first hour, then get out as fast as possible.
Sneaky Pete
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 12:09 | 2 |
Not to defend Ferrari stock as I think it was overpriced, but the entire stock market has been in the toilet lately.
Supreme Chancellor and Glorious Leader SaveTheIntegras
> Sneaky Pete
01/15/2016 at 12:29 | 0 |
this is true
BaconSandwich is tasty.
> HammerheadFistpunch
01/15/2016 at 12:37 | 2 |
As far as I’m concerned, IPOs are basically a way for angel investors to make their money back from people who have more trust in their investments than they do.
ADabOfOppo; Gone Plaid (Instructables Can Be Confusable)
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 12:45 | 0 |
Lolz. That’s a big hit percentage wise. Though actually far lower initially then I would have guessed. From all the hype, I thought it was going to open at super-insane prices like several thousand dollars a share.
Guess Ferrari aren’t all that they think they are. Ha Ha.
Bullitt Ride
> Supreme Chancellor and Glorious Leader SaveTheIntegras
01/15/2016 at 13:35 | 1 |
The S&P 500 is down like 12% from it’s high last year.... that typically means the majority of stocks are down more than 12% over the same period.