TradeZtonk
:
You need to consider grab is a cash burning business. It always has been. It thrive on investor money, series and series of funding. Now that it is listed that money is going to be from public investor, YOU !
watts38
:
Since it so rock bottom Why did the early state investors (SoftBank, Uber, didi) never come in to support it price. Or are them pushing it to the bottom? Short short short, making fast $
Cookie Jar Fund : no buyer, no support
102216581 : This is for sure but what can be done? Nothing.
totototototo : Should be about to rush up to kill short sellers.
Cookie Jar Fund : haha, unless Buffett come bottom fishing. I buy at 3.45 also die
Ixy The Cat : First time seeing a stock plummet 40.52% in just a few hours.
TradeZtonk : You need to consider grab is a cash burning business. It always has been. It thrive on investor money, series and series of funding. Now that it is listed that money is going to be from public investor, YOU !
watts38 : Since it so rock bottom
Why did the early state investors (SoftBank, Uber, didi) never come in to support it price.
Or are them pushing it to the bottom?
Short short short, making fast $
WSBChicken : cash is 6.5bil and valuation is 12bil