Anyone know much about this?
Thoughts on the company, IPO date etc.
Anyone know much about this?
Thoughts on the company, IPO date etc.
@Joey_Fantana
@CavanHaganInvesting
Joey, you seem to love an IPO.
Ooh itās on the list mate. Iām just undecided if itāll be a purely IPO play or a proper long.
But in terms of actual IPO investing I donāt do much, I just like to ensure they all get added on the day so the forum doesnāt suffer from folk bemoaning their new faves not being available.
I think @Scrooge_McCodf mightāve intimated at some upcoming DD on Snowflakeā¦? Admittedly I have done none - my current DD queue has StoneCo, Futu, Rocket, United Microelectronics, Vasta Platform, Epirus and Huya ahead of it - so chances are Iāll never get there!
@AdrianUK is a big fan though.
I donāt touch IPOs unless itās a company in personally like. Long term, good quality companies for me (and Tesla of course)
Some fine public service, Iām sure they appreciate it.
And STNE are doing well Iāve seen. Bought them a while back.
Cheers for the reply
Of course Tesla
My largest piece of pie.
Same here, 20%, but currently sitting at 43% of my portfolio because itās grown so much! Started buying at 450 I think
Yeah Iām in STNE anyway but want to complete the DD I started. And with the recent news, itās just opened the door for more research. All strong moves. Iām consolidating my Invest folio into growth and long term holds only and they very much fit that mould.
Got in at 525ish.
And will again it seemsā¦!
You both make me sick, I got in at £1450
Only started investing about a month ago. Iām optimistic itāll continue to rise, but seeing all the missed opportunities is difficult to swallow. Such is life.
I would have got in earlier, Iāve followed Tesla since the Before the model 3 was announced, but only found Trading 212 in January so was never able to invest in it before
Just think of the opportunity youāre about to get at the end of the month.
You think it will continue itās surge after the split, or you reckon there will just be just a small initial jump?
Iād take a look at the following charts for an idea of market behaviour around these big IPOs;
They seem to have very much become a āplayā.
Conversely if you look back at these guys, they all IPOād before the tactic seemed to be commonplace;
With perhaps the exception of WMG, itās also worth noting that none of these were really hype machines pre-IPO, that no one seems to know much about them off the top of their head.
And the rest seem to fall of a cliff and begin a slow steady climb back to the IPO price. Those are the ones no one really knows anything about.
So if I can be bothered (it can be bloody exhausting) I might make an initial investment into Snowflake on open and sell before market close. If Iām feeling risky or make a bigger gain than expected by close, Iāll possibly hold it for another day, but with the expectation it will drop and then spike again. Most likely Iāll drop out before 9pm and look to buy in again on the immediate dip in the following day or so, sell on another spike then leave it alone for a month. Let it settle, see how it behaves, what the chart is doing etc.
Is there a date for the Snowflake IPO?
Not that Iām aware of.