COIN IPO

[VicBee]

Well retail buyers had an opportunity to buy FB below its IPO opening price ....... if they waited.
More than 50% off in fact a couple of months later:-
View attachment 256862
Does it happen every time. Of course not. That is why it's called trading.

That's hindsight observation.

 

[KCalhoun]

watch me buy the top lol

 

[RedDuke]

At $250 it was valuated at 100 billion, it is not too far from $500. Another hundred billion. Free money for everyone

 

[KCalhoun]

once more : o

 

[jys78]

At $250 it was valuated at 100 billion, it is not too far from $500. Another hundred billion. Free money for everyone

Yup. Make sure you get your share! I almost feel bad for anyone who doesn't.

Imagine not owning appreciating assets in 2021?!

 

[KCalhoun]

weee

 

[S2007S]

The ceo is only 38 and worth over 10 billion...

I always ponder on how an individual can just go out and start a company like coinbase. Where does one start......Where does one get capital. How does one just wake up one day and say let's create an exchange to trade cryptocurrencies....this was 8 years ago. I always wonder how companies start from absolutely nothing to mega leading industry titans....

 

[IntergalacticSpace]

So COIN has roughly the same market cap of Target. Bought some shares on the greater fool theory, but I have a feeling that I'll end up being the fool at the table

 

[CET]

I see one analyst said it should be valued at $5 billion. Hopefully it stays inflated until options are trading on it, but the premiums will probably be insane.

 

[TimtheEnchanter]

My action...Piker mode. 1 share..