Most if not all cool off after first being listed, hype is everyone racing to get in. This is a direct listing with a TON of shares that will be unlocked. Same with PLTR and SNOW, the charts speak for themselves. Coinbase will soon be hitting the street, that will be a blast to watch. Especially a month or so later. They are currently trading around $350 on the secondary market " non retail = different ballgame" Perhaps you and YOGI BERRA should be a little more patient and the joke wont be on you. Some of us are a little more patient and get 6 nickels for a quarter.
Ahhh a challenge. Pray tell how old are you and what is the longest you have ever waited for something.You give me a quarter and I will take a quarter. You choose the length of time and we will see if you are more than talk. I am doing a family stock challenge and have credited each participant 100 U.S. dollars from my account, it cost no one anything. Except me. Based on their picks my prediction is that it will gain 8.5 percent in the next year. Everyone I have offered on Stockaholics has refused the offer. I have a mutual fund with 20 options. If you join you would be 20. So are you all smoke or mirrors? Warden Norton is asking you "what say ye miss fussy britches. You gonna just sit there or jerk that smoke wagon
Still watching this one, seems to be letting the new wear off as they often do. Direct listing can be tricky as the early investors have shares that are unlocked under conditions. Some decide to liquidate when opportunities arise and others hold. At this point I see nothing to get excited about and will continue to see how it performs before jumping in.
I love Coupang. I don't understand e-commerce. I trust that Bom Suk Kim does. Will his business model will succeed? Stay tuned, my contacts in Seoul are saying this stock could explode. That statement is part truth, part opinion, and part sarcasm. Thanks for reading. I am giving this company 4 stars.
I'm not knocking it, waiting for a better deal. Its holding its own on a bloody day. I want to see how the unlocked shares unfold. This is one of AIKMAN's babies. Longterm its a winner.
