Blaze@dormi.zone to Reddit@lemmy.worldEnglish · edit-23 months agoReddit Prices I.P.O. at $34 a Share, in a Positive Sign for Techarchive.isexternal-linkmessage-square17fedilinkarrow-up141arrow-down122
arrow-up119arrow-down1external-linkReddit Prices I.P.O. at $34 a Share, in a Positive Sign for Techarchive.isBlaze@dormi.zone to Reddit@lemmy.worldEnglish · edit-23 months agomessage-square17fedilink
minus-squareOld_Dude@lemmy.worldlinkfedilinkarrow-up1arrow-down4·3 months agoIf it goes that low, anyone would be stupid to not buy. I think FB went down to around $15 not long after their ipo somewhere between $30-$35.
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up7·3 months agolol. No. If there’s any trend in stock prices, it’s that the ones that go down tend to stay down and the ones that go up tend to keep going up. So no, after a stock tanks it is NOT a good idea to buy.
minus-squareOld_Dude@lemmy.worldlinkfedilinkarrow-up1arrow-down4·3 months agoYeah, continue investing with that logic.
If it goes that low, anyone would be stupid to not buy. I think FB went down to around $15 not long after their ipo somewhere between $30-$35.
lol. No.
If there’s any trend in stock prices, it’s that the ones that go down tend to stay down and the ones that go up tend to keep going up.
So no, after a stock tanks it is NOT a good idea to buy.
Yeah, continue investing with that logic.