71774971
commented on
$Blue Star Foods (BSFC.US)$ anyone read why the 1-50 r/s?
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$Apple (AAPL.US)$ is releasing its Q4 FY2023 earnings on November 2 after the bell. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET November 3 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will...
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET November 3 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will...
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71774971
commented on
$Maplebear (CART.US)$ current ipo price 42.38
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71774971
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People’ve been saying the price now is $40+ something in previous posts. But where can you see that statistics?
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$Instacart, Inc. (Maplebear Inc.) (CART.US)$ soFi is a joke. out of all the shares I tried to pre-order, I only got 1 share.
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71774971
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$Instacart, Inc. (Maplebear Inc.) (CART.US)$ is moomoo not participating in the ipo?
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71774971
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$Maplebear (CART.US)$ whens this going?
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71774971 : they have to comply with $1 a share to be listed on the stock exchange. when it falls below, they have so many months to get it above the $1. since they can't, a r/s reduces the number of shares and increases the stock price. Right now, the float is at 45.05 million after the r/s it will be at 901,000. meaning every 901,000 market cap, the stock will trade at $1 instead of the 45 million market cap for each $1
71774971 : personally, I would be very careful with shorting. with a low float, the stock could take off. it is very easily manipulated. the choice is really up to you and how you see to play it. not giving financial advice just how I see it.