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Re: 77Port post# 4663

Tuesday, 03/15/2022 5:13:55 PM

Tuesday, March 15, 2022 5:13:55 PM

Post# of 4862
This isn't a normal IPO for a company with a proven track record.

It's a startup with no revenue whose main supplier is located in a third-world country, and whose products are illegal in most other countries.

That's a risky investment and evidently morning buyers were overcome with IPO fever. At the end of the day they were stuck holding morning wood. big smile




Such deals sometimes produce large first-day pops.


Do ya know what "sometimes" means? It's not a guarantee.

At NO TIME was this anywhere near $40 so you need to getcha a new source if that's what you're seeing.