Re:Show HN: See how much money people have committed to the ...
by rvz on Tuesday July 27, 2021 @06:58PM
(#27978631)
I would avoid the Robinhood IPO for now. The media and the roadshow promoters will attempt to hype it up 'to the moon'.
Like $COIN (even when that was a direct listing), I would expect a push higher in the initial price and then some large institutional investor has got to hit that sell button and take that profit.
Who knows, I could be easily wrong and I hope I am wrong. But in this game, you can also win by not buying into the initial hype and enter again when the hype is dead.
Like $COIN (even when that was a direct listing), I would expect a push higher in the initial price and then some large institutional investor has got to hit that sell button and take that profit.
Who knows, I could be easily wrong and I hope I am wrong. But in this game, you can also win by not buying into the initial hype and enter again when the hype is dead.