Selling on Day 1 of listing? KIASU
As some who comment, selling an ipo on day 1 with lower price, and some even curse on the price dropping, please la, the price drop is because you dump who sell the stock, so blame those who so kiasu to sell when just losing few dollar.
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Lobang88 : Ya... agreed.
Van888 :
Van888 : these are all long term investments You must hold it and don't look at it until few years.
ETFs are safer than a single stock as it diversifies our investment
so please don't panic and hold on
bitbitthebunny OP Van888 : some people just don't understand![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SpyderCall : insiders that were involved in the pre subscribtion usually sell a lot on day one of ipo release because they got so many shares at a lower price before the regular subcribers of an ipo (retail traders) bid the ipo price up before release.
Always Hungryy SpyderCall : how do you get those inside deals??![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SpyderCall Always Hungryy : you gotta have a huge net worth before you are even considered. Wish i had money like the whales do.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Always Hungryy SpyderCall : hahahaha. the rich get richer.
SpyderCall Always Hungryy : Yup