Historical data shows large IPOs average a strong first day but deliver extremely poor returns over the following years
Do not fall into the consensus bait and buy at a generational premium for a company that hasnt even figured how to be profitable yet
Threadguy explains why SpaceX might be programmed to go up whether you like it or not
"There's no float. All the richest people in the world are desperate to see this thing go up."
"Almost everyone who applied for IPO shares did not get their allocation filled. I think SpaceX is in a very interesting spot to go absurdly high."
"At the very least, it is the most electric time in the history of the world to be in markets and be a trader."
Everyones calling this the opportunity of a lifetime but data says otherwise
3% of shares available to trade that day, the valuation being set on the first day trading isnt real price discovery, their literally artificially reducing supply and flooding it with demand
their also losing $5b annually, the only ppl making $ are institutions & investors who got in at private valuations
Theirs a difference between a great company and a great stock lol
The coin of this $BUFFDON is at 400k btw..
Personally have not seen this much craze over a animal since punch, not only that but theres actually a decent lore to it + its a good meme
Excited to see how mindshare exponentially grows for this buffalo
ethereum:0xf280b16ef293d8e534e370794ef26bf312694126 Just nuked below its 100M floor its held for weeks and nobodies talking about it??
Alot of ppl i know are holding due to the fact that this is the only coin that has ranged above 9 figs sustainably and now here it is breaking a critical floor
Interesting to see what happens next, wishing all the best to the asteroid bulls