Neeranam Posted April 14, 2021 Share Posted April 14, 2021 I'm going to buy this company's stock. It seems like a great investment to me, any comments? https://www.ft.com/content/06d98c02-f5da-45e8-a0f5-20e3bfd64879 Link to comment Share on other sites More sharing options...
Bob4u Posted April 14, 2021 Share Posted April 14, 2021 you think you'll get the IPO price? Link to comment Share on other sites More sharing options...
Surelynot Posted April 14, 2021 Share Posted April 14, 2021 2 minutes ago, Bob4u said: you think you'll get the IPO price? Fat chance......only the big boys get the chance to buy in at the IPO level..........ßhitkickers will have to take their chance once the shares are available.......and by then it is too late to make a killing....in the short term at least. Link to comment Share on other sites More sharing options...
Neeranam Posted April 14, 2021 Author Share Posted April 14, 2021 10 minutes ago, Bob4u said: you think you'll get the IPO price? no Link to comment Share on other sites More sharing options...
Bob4u Posted April 14, 2021 Share Posted April 14, 2021 15 minutes ago, Neeranam said: no but you like? Link to comment Share on other sites More sharing options...
Neeranam Posted April 14, 2021 Author Share Posted April 14, 2021 7 minutes ago, Bob4u said: but you like? yes Link to comment Share on other sites More sharing options...
GrahamJ Posted April 14, 2021 Share Posted April 14, 2021 Coinbase isn't an IPO it's a direct listing which is a new way to list companies See the link below and have a read it will explain how a direct listing works. https://www.coindesk.com/coinbase-ipo-not-ipo-direct-listing 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted April 14, 2021 Share Posted April 14, 2021 thanks for the information. i am also thinking on buying this stock. i was wondering when is the IPO and here you told me. from my experience, price will go up in next few days or weeks, as many institutions trying to grab as much shares as they can. later price might fluctuate. so yes, i think it is a good idea to buy coin base now, short term. 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted April 14, 2021 Share Posted April 14, 2021 26 minutes ago, GrahamJ said: Coinbase isn't an IPO it's a direct listing which is a new way to list companies See the link below and have a read it will explain how a direct listing works. https://www.coindesk.com/coinbase-ipo-not-ipo-direct-listing interesting to check the movements of PLTR that went public this way in october last year. on the first days it did not move much, than shot up 350% within a month. now it is down from top but still 120% higher than initial price. Link to comment Share on other sites More sharing options...
Bob4u Posted April 14, 2021 Share Posted April 14, 2021 6 hours ago, Neeranam said: yes because i like Link to comment Share on other sites More sharing options...
Susco Posted April 14, 2021 Share Posted April 14, 2021 3 hours ago, GrahamJ said: Coinbase isn't an IPO it's a direct listing which is a new way to list companies See the link below and have a read it will explain how a direct listing works. https://www.coindesk.com/coinbase-ipo-not-ipo-direct-listing It's the new subprime crisis in the make https://www.fool.com/investing/2021/02/18/spac-investors-are-ignoring-this-hidden-danger-and/ Link to comment Share on other sites More sharing options...
Bob4u Posted April 14, 2021 Share Posted April 14, 2021 5 minutes ago, Susco said: It's the new subprime crisis in the make https://www.fool.com/investing/2021/02/18/spac-investors-are-ignoring-this-hidden-danger-and/ Motley Fool is such an upstanding reputable source. 1 Link to comment Share on other sites More sharing options...
Susco Posted April 14, 2021 Share Posted April 14, 2021 2 minutes ago, Bob4u said: Motley Fool is such an upstanding reputable source. I could give you 100 reputable sources that are saying the same, but most are behind a paywall or require you disable adblocker. Let me know if you want some more Here you go https://seekingalpha.com/article/4397498-beware-spac-how-work-and-why-are-bad https://markets.businessinsider.com/news/stocks/spac-investing-strategies-risks-expert-advice-commentary-analysis-2021-3-1030229612 https://www.ft.com/content/6eb655a2-21f5-4313-b287-964a63dd88b3 https://www.cnbc.com/2021/01/25/lloyd-blankfein-on-how-the-spac-rush-could-go-wrong-for-investors.html https://www.channelnewsasia.com/news/business/spac-trading-pops-deflate-as--exuberance-and-greed--depart-14483784 Link to comment Share on other sites More sharing options...
Susco Posted April 14, 2021 Share Posted April 14, 2021 Coinbase is really worth $5 billion, not $100 billion: strategist https://finance.yahoo.com/news/coinbase-is-really-worth-5-billion-not-100-billion-strategist-155726412.html Link to comment Share on other sites More sharing options...
fdsa Posted April 14, 2021 Share Posted April 14, 2021 38 minutes ago, Susco said: Coinbase is really worth $5 billion, not $100 billion: strategist that's pretty obvious to anyone with IQ > 70 that a mere cryptocurrency exchanger could not cost same as whole AMD. Link to comment Share on other sites More sharing options...
Susco Posted April 14, 2021 Share Posted April 14, 2021 5 minutes ago, fdsa said: that's pretty obvious to anyone with IQ > 70 that a mere cryptocurrency exchanger could not cost same as whole AMD. You mean all those investors who buy into it, at a reference value of $68 billion, have an IQ<70 ? Link to comment Share on other sites More sharing options...
rimmae2 Posted April 15, 2021 Share Posted April 15, 2021 For anyone from a person who is a serious investor in crypto to someone in the initial stages and of course can tolerate risk, investing in Coinbase should be considered. 10k USD may in a year be 100k USD, somewhere in between (or less), but probably unlikely to have the same intra-day volatility and volatility as most crypto. Returns may not be as high as some crypto, but nevertheless better than keeping money in the bank. 1 Link to comment Share on other sites More sharing options...
fdsa Posted April 15, 2021 Share Posted April 15, 2021 10 hours ago, Susco said: You mean all those investors who buy into it, at a reference value of $68 billion, have an IQ<70 ? either they are dumb, or they do not care (investing with their customers' money, not their own money), or they understand that the price is overinflated and chose to play casino on this pump&dump scheme. Link to comment Share on other sites More sharing options...
fdsa Posted April 15, 2021 Share Posted April 15, 2021 (edited) 3 hours ago, rimmae2 said: 10k USD may in a year be 100k USD, NASDAQ: virtual company (stock exchange), profits from exchange fees, revenue 5 bln, net worth 23 bln; Coinbase: virtual company (currency exchange), profits from exchange fees, revenue 1 bln, net worth [estimated] 3 times larger than NASDAQ; AMD: real production company, profits from selling their products, revenue 3 bln, net worth just a little bit higher than Coinbase [estimation]. well ???? To make 100k usd from 10k in Coinbase shares the Coinbase market capitalization must become 10x higher (680 bln). Let's compare with other companies: Facebook ~700 bln Alibaba ~700 bln Tesla ~600 bln Visa ~450 bln Johnson & Johnson ~400 bln I'd stop elaborating because moderators have already banned me for a week for calling stupid people stupid. Edited April 15, 2021 by fdsa 2 Link to comment Share on other sites More sharing options...
Surelynot Posted April 15, 2021 Share Posted April 15, 2021 That went well.... Link to comment Share on other sites More sharing options...
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