As a Singaporean, I am not surprised it dipped in first day of listingIts still overvalued at $9+. Considering they have NOT earned a profit ever since they started operating!I will only consider getting in if $5
Singapore had a new billionaire for a few hours before Grab shares slid in US debut
LOL. Why are you guys any surprised?! Lookat the market now and all high growth stocks are taking a big hit.Grab is another same one. And its NOT being profitable ever since they started.This SPAC deal is for Anthony and the investors to cash out.Bagholders are whoever buying it and cryingnow. I will only consider if it drops down to $5. LOL(I am Singaporean and never even thought of wanting go invest in them cos they are a shady company)
Grab shares changed from up to down on its first day of trading
Geez. I am tired of hearing like every other stock this day is a short squeezeAll I want is WSB to get back to squeezing Sundial and I want to get out of holding the bag
Short squeezes are pushing these stocks to the moon
Its because he has an upcoming tax billof USD15 billion. He can cash in his small portion of stocks he owns to raise $$$ to pay it off. The recent surge to $1200+ makes him richer but to me, I find it rather overvaluedAlso, this attracts further attention and eyeballs.So it’s a win win for him no matter how you see it
Musk urged to sell 10% of Tesla stake after holding Twitter poll
I have been in $SOFI since their SPAC days and it has been nothing but red daysBut stil I dont panic as I am bullish about their long term prospectsThe article is right that the most imporant catalyst is the bank charter. I follow $LC and they shot up after getting their bank charter.If they dont get it, I feel its harder to grow more in the future
SoFi Technologies: The Bank Charter Will Change Everything