Comment on Reddit seeks to launch IPO in March

• androogee@midwest.social ⁨1⁩ ⁨year⁩ ago

  Perfect, you’ll fit right in

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• ColeSloth@discuss.tchncs.de ⁨1⁩ ⁨year⁩ ago

  It will launch, spike up a little that day, then drop pretty hard for a month or so, getting down to about 60% of its launch price, before slowly gaining back up to around 80% of its launch price after several months.

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  • drphungky@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Also, my prediction is that big puts will be selling for way higher than their likelihood, because so many retail investors want to to fail. So even though the stock will go down, tons of people will lose money betting that.

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    • ColeSloth@discuss.tchncs.de ⁨1⁩ ⁨year⁩ ago

      For sure. Calls and puts both will go overpriced. Be a lot of “enthusiasts” buying options for funsies thinking they’ll totally be right.

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• Imgonnatrythis@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  It’s winter here. I’m gonna buy pants.

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