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/biz/ - Business & Finance

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58094412 No.58094412 [Reply] [Original]

Today is the day
What's our play, /biz/ lads?

>> No.58094419

>>58094412
idk

>> No.58094421

>>58094412
It will be a massive pump and dump.
Don't get caught holding bags.

>> No.58094425

Reddit isn't profitable and it's been a shit hole for a decade

>> No.58094428

>>58094425
That doesn't mean it won't pump before it dumps.

>> No.58094435

>>58094425
>Reddit isn't profitable
/thread. I'd say short, but the market is too retarded/unpredictable.

>> No.58094446

>>58094428
Its gonna be a dump. Everyone with premium shares are already priced in. You have until noon at best to swing your trade. Big fucking pass from me, I've seen how hard WSB gets rugged on IPO.

>> No.58094476

So some info to help make decisions
>Initial IPO price at $34 per share
>Putting Reddit at a 6.4 billion valuation
>In addition to owner shares, 8% of shares have been pre-sold to prominent reddit users
>These shares have NO LOCKUP PERIOD
This is why I think a massive pump n dump the first few days is highly likely

>> No.58095226

study faceberg ipo

>> No.58095232

I will buy the dip

>> No.58095262
File: 2.52 MB, 300x250, Plebbit.gif [View same] [iqdb] [saucenao] [google]
58095262

>>58094412
I'd buy Plebbit instead.

>> No.58095282

>>58094476
The pre-sell to users was at 34$?

>> No.58095292
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58095292

>>58094412
Truflation data just predicted inflation will keep rising so, ima keep holding my assets, at least for now, aint no panicking

>> No.58095669

everyone on reddit and polbiz is saying its going to dump

so i would go long. i see a nice liquid 2-3x easy.