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.
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.