Lyft prices IPO at top of range

Re:Lyft prices IPO at top of range by yaseer on Friday March 29, 2019 @05:34AM (#19520219)

I would argue that any investment scam in which money from new investors gives liquidity to old investors, resembles a ponzi scheme.

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Re:Lyft prices IPO at top of range by hobofan on Friday March 29, 2019 @05:57AM (#19520299)

Which would be true for any IPO?

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Re:Lyft prices IPO at top of range by joosters on Friday March 29, 2019 @06:57AM (#19520535)

Only the ones that never make anywhere near to a profit.

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Re:Lyft prices IPO at top of range by yaseer on Friday March 29, 2019 @08:32AM (#19521028)

I would qualify that as a situation that repeats itself.

If money from new investors is repeatedly used to pay old investors, it resembles a ponzi scheme.

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Re:Lyft prices IPO at top of range by warp_factor on Friday March 29, 2019 @02:38PM (#19524336)

only if the IPO price is completely unrelated to the fundamentals, like it is for Lyft currently.

If it is unrelated to the fundamentals, you are in full speculation territory and the only goal buying the stock is to sell it eventually to a bigger fool that will pay more for it.

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