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A comment on Uber goes into reverse as first day stock price disappoints. Parent comment

Re:Uber goes into reverse as first day stock price disappoints by inflatableDodo on Friday May 10, 2019 @03:00PM (#19881099)
>which could take forever depending on investor taste for losses

If the existing investors had much more of a taste for losses, why the IPO?

[ Parent | on HN ]
Re:Uber goes into reverse as first day stock price disappoints by toomuchtodo on Friday May 10, 2019 @03:03PM (#19881125)
Stupid retail money. Greater fool theory.
[ Parent | on HN ]
Re:Uber goes into reverse as first day stock price disappoints by inflatableDodo on Friday May 10, 2019 @03:09PM (#19881188)
But if the existing investors thought that Uber will win if they only just piss away a bit more money, they would have dumped the money in rather than let the stock go to the public.
[ Parent | on HN ]
Re:Uber goes into reverse as first day stock price disappoints by toomuchtodo on Friday May 10, 2019 @03:12PM (#19881214)
Yes.
[ Parent | on HN ]
Re:Uber goes into reverse as first day stock price disappoints by inflatableDodo on Friday May 10, 2019 @03:52PM (#19881619)
So therefore we have a very good idea of the taste for losses amoung existing Uber investors. And the taste for losses in the stock market is fairly guessable.
[ Parent | on HN ]