I asked my followers not to participate in any opening day, why??? because I reviewed all the IPOed stocks in the past 3 years..! 80-85% will go down between 30-90% in a couple of weeks or months..! Even big names did the same, do not believe ??? continue reading: this is the result of research-backed trades..! Interesting? not? Learn From Past Experiences, History repeats itself in different ways! don't believe it? look at this: Still don't believe? I can not do anything to convince you not to put your money in the wrong place, you are good prey for the wolves of Wallstreet.
Great data & analysis. Can't agree more. Where do you see COIN bottoming?
Durbtrade
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Nice presentation. In my opinion, the IPO was 8 days ago, so I think it's time to move on from whether people bought on opening day or not. COIN has gone down 33% from the ATH within those 8 days. I think it is now a question of how low will it go. Your charts show a span of 17% to 83% drops of IPOs like twiitr facbook and snap using a weekly scale. Of the 6 shown, 5 of them show you would now have major profits if you bought on opening day, and hodled, despite the initial drops. The other layout shows all the recent IPO's on a daily scale. Is it not possible for any of those stocks to rise in the same way facbook or twittr have? maybe not to that degree, but I think COIN is a different beast alltogether, and I plan to treat it as such. I do agree though... I think it is smart to carefully watch an IPO before making a move. Great work!
JimmyTheGreek13
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As we get closer to earnings report coin stock will rocket, the bottom I think is 260-280.
Thanks for your post and happy trading all.