Hi Joey. The king himself. Pls be gentle with me. Of course I have no idea.
Ha ha, you know me too well.
I can only ask in that case what the hell youāre doing jumping into something that has flown that high already, you loon!?
Stock like that is uber volatile and youāre jumping on after itās already halfway to Mars. There will be crazy sell offs coming up. People buying like you at the same time as those who got in early now selling off, creates wild behaviour so the market calls a halt to find its bearings.
Good for them. Bad for whoever is on the wrong end once the halt finishes.
When a halt is in play no one can buy or sell. Just have to sit and hope itās about to go the way you want it to.
Nice. You can be gentle, I appreciate that.
I got it, thanks, noted. I did not buy late at all I think, I started a bit before the market watch news. I took some small chunks out of it along the whole afternoon.
I went in at 50-80. So I am I think even now but based on what you say I will go down sure :).
I am not in with big money, I am cautions. This is mostly a penny adrenaline for me for now until I know what I am doing.
Shame though that even before the closure it was coming in hard jumps I could not react to. But yeah I hear youā¦
Lets see what happensā¦
If you want to play these runs, you might be better observing this one and getting a feel for how it goes. Likelihood is this will tumble over the next day or so followed by a bounce before descending again to settle around the 20s or 30s maybe.
But thatās guesswork like everything else is with these mooners.
If the company achieved what they say they did, games aside, they will go up in their own pace. That was actually the main reason I went in. My sister is a bio-engineer and she told me they got something. I remembered them as a IPO form a couple of months ago, so I went in.
I cannot sell still. Shame. I am not ready to sell on loss. I guess the money is stuck there for some time now:) I do mot like my history green number to go downā¦
And the frenzy is over. Thanks for your hindsight Joey.
@Martin
@David
Please can you add CFD for Airbnb? It is visible on Invest but not CFD.
Doordash is also not available on CFDs.
Well I hope there wasnāt too much damage and look out for a possible bounce in the coming days if you want to exit and wait for a better entry point
Aftermarket suggests what I thought, crawled up to 80 again in barely 20 minutes.
I have done that too many times before that I panic sold. I think I will give this one a go to wait it out this one and watch the bouncesā¦
Cheers, It is not too bad Joey this one. Just a sour feeling I could not reactā¦
@Joey_Fantana hello Mate. I have seen in an above comments that trading212 are not going to add new IPOs on CFDs due to management risk. Do you know why is that? For example doordash isnāt available in cfd and for tomorrow Airbnb is showing up in invest but not showing in CFDs
Didnāt Martin say it was risk management decision?
I donāt trade CFDs, but my guess would be itās linked to their recent changes to the CFD side and the same reasons.
Wish Iād been on this forum earlier. The DASH DOOR IPO went live at 15:10 GMT and my Trading 212 notification came in at 18:20!!! By which time the stock had risen $0.59 a share!!!
IPOs do not appear for us at exactly the initial offering price anyway. By the time it went live for us it was pretty much flat. You would have to be watching it for the first 10 minutesā¦
Watch airbnb at 14.30. It should go live today and you will see. But Iād be cautious. Not sure airbnb is exactly thriving now in covid. Not the best riming to go IPO.
Also roblox is super exciting, but again, not sure the millions that are playing it are exactly into trading.
Uff, got out of the Greenwich Lifescience with minimal damage. Updates every 10 minutes and is up and down like crazy. Worse than a lotteryā¦
I guess we will miss the boat with airbnb