10baggerbamm
:
what do you not understand there is no net asset value to this ETF you have no idea how much they have invested what the value of the investments allegedly are. evidence look at it this way it's only 14 more days of pain for yourself and then it's zero
hodlmenot
10baggerbamm
:
Its good to stay away from this stock, but having no nav is not a correct statement, the most recent portfolio value is 53m and they had invested around 80m initially. Its right now valued at 3x, better to stay away.
10baggerbamm
hodlmenot
:
for every other ETF that trades you know the nav at the end of the day you know if it's at par if it's at a premium or at a discount you do not know with this company because everything is private and everything is subjective to what is the next round of financing what's it worth at that point and I wouldn't trust it with a 10-ft pole if you are interested in investing. in SpaceX Baron funds has a way that you can do it with them and you do not see this type of volatility because you're not investing in a basket with really only two of what they're investing in are prominent that have a bright future the others are crapshoots
74523441
:
it's around twelve... I added some to level out and needed a little bit more of a drop in stock to be happy with my end position... not selling though.
Tonyco
:
yeah man he's not wrong. Other than SpaceX ( which they got 80% of this in, the others are kinda mehhh... CART, Discord, Plaid only ones worth it and you can get them elsewhere. Epic Games is dying, all they have is Fortnite and afailing storefront hemorrhaging money...
10baggerbamm : what do you not understand there is no net asset value to this ETF you have no idea how much they have invested what the value of the investments allegedly are. evidence look at it this way it's only 14 more days of pain for yourself and then it's zero
hodlmenot 10baggerbamm : Its good to stay away from this stock, but having no nav is not a correct statement, the most recent portfolio value is 53m and they had invested around 80m initially. Its right now valued at 3x, better to stay away.
10baggerbamm hodlmenot : for every other ETF that trades you know the nav at the end of the day you know if it's at par if it's at a premium or at a discount you do not know with this company because everything is private and everything is subjective to what is the next round of financing what's it worth at that point and I wouldn't trust it with a 10-ft pole if you are interested in investing. in SpaceX Baron funds has a way that you can do it with them and you do not see this type of volatility because you're not investing in a basket with really only two of what they're investing in are prominent that have a bright future the others are crapshoots
74523441 : it's around twelve... I added some to level out and needed a little bit more of a drop in stock to be happy with my end position... not selling though.
Tonyco : yeah man he's not wrong. Other than SpaceX ( which they got 80% of this in, the others are kinda mehhh... CART, Discord, Plaid only ones worth it and you can get them elsewhere. Epic Games is dying, all they have is Fortnite and afailing storefront hemorrhaging money...