Funny how numbers work Stoney.DIBS- Van why do you only give me down updates! It took some broker running down the beach screaming for me to figure out something was going on with dibs but what????
1stdibs.Com, Inc.
$34.81
+10.10 (+40.87%)<---- ARE YOU KIDDING ME!!!--
4:00 PM 06/30/21
100% gain takes $100 stock to $200.
A 50% loss takes a $200 stock to $100.
DIBS is down 20%
Right where it started yesterday. The 40% gain is gone.
I have no idea where its going. They can have a great business, but who would buy a business that'll take 150 years to break even on the price?
But hey, that's the story of this market.
Ride the wave Stoney.
But for the record... there's no skill here, aside from getting in and getting out on the intraday volume alert for a quick scalp, its pure gambling. I wonder how those folks that bought yesterday afternoon are feeling right now.
Yee haw DIBS went up 40%.
Its like granny at a slot machine.
You should have told the guy on the beach to call me.