Anybody Buying Yet? Where’s the Bottom?

[Big Sky Guy]

On the Figma IPO, I got all 5 I requested at $33. Sold 2 at $100 right after IPO and held 3 (which was dumb, but I’m still up $100 on the whole deal). One thing I don’t know, if I requested 100 of SpaceX, would I have gotten 20 or still just 1. Guess we’ll never know.

That's amazing. Good for you. This is basically what I was trying to find out, if playing IPO's at a larger scale can be a quick and easy way to boost your retirement account. Take the double digit gains day of and put right back in whatever index floats your boat. Will keep an eye out for the Anthropic IPO and decide accordingly.

 

[jryoung]

Here's one for you rookies out there to learn from. I put in to purchase some Rivian stock at the IPO just above what they were speculating it would open at. Apparently it flew by the price too quickly for my sale to be executed. I was bummed, then forgot about it. Apparently I needed to cancel it based on the way/type of request I made, but didn't. So like a week or two later I get a notification that my sale executed... as it was in free fall. Total kick to the nuts, by the next day it was so low that it wasn't even worth trying to sell it.

It goes the other way too. In late April I had a buy on CRDO at $165, with a stop loss at $157. It trended up for a couple weeks and I though I made a good purchase...then dropped and trigged by sale.....now a couple weeks later it's at $255. Most annoying 5% loss ever.

 

[noharleyyet]

Just damn...

1,000,000,000,000 (that’s 1 trillion), in graphics

How to think about the latest big number to make headlines.

www.nbcnews.com

 

[SAJ-99]

That's amazing. Good for you. This is basically what I was trying to find out, if playing IPO's at a larger scale can be a quick and easy way to boost your retirement account. Take the double digit gains day of and put right back in whatever index floats your boat. Will keep an eye out for the Anthropic IPO and decide accordingly.

I think GoA pointed this out, you don't get to do it for long. They don't like flippers. And in the end, you might not get enough shares to make a huge impact on your portfolio. Not all IPOs go up. Setting that initial price can be more difficult than you would think (UBER comes to mind).

Hard to make any judgement off opening day but SPCX 25% jump seems a bit much. I guess Elon doesn't care because he is worth $1T either way. Buyers are paying for 2028 revenue estimates at this point.

 

[SAJ-99]

That's amazing. Good for you. This is basically what I was trying to find out, if playing IPO's at a larger scale can be a quick and easy way to boost your retirement account. Take the double digit gains day of and put right back in whatever index floats your boat. Will keep an eye out for the Anthropic IPO and decide accordingly.

I should add that I think retail allocations in IPOs will increase. A lot of institutional portfolios already own the stocks in their private placement/venture allocations so they are probably less willing to buy more at the IPO. I guess we will know in pretty short time.