facebookIs it wise to invest in a new IPO company? - Seedly

Advertisement

Anonymous

27 Jun 2021

General Investing

Is it wise to invest in a new IPO company?

Since Confluent just IPO-ed, was wondering if its worth to jump in on the opportunity.

Discussion (5)

What are your thoughts?

Learn how to style your text

Underwriters usually inflate prices prior to IPO, and the 3-6months lock up period will result in sell-offs eventually...Would be good to wait out, unless its a DPO then would be a different story

In the past, it was very profitable to invest in a IPO company on launch day. However now there is an unusual hype behind IPOs, which caused most companies to be severely overvalued at IPO (see Coinbase). I would suggest waiting it out for a couple of weeks to see how the price reacts after the IPO. Cheers!

Tan Choong Hwee

27 Jun 2021

Investor/Trader at Home

Didn't study Confluent IPO, so no comment on this specific investment.

In general, there is no shar...

Write your thoughts

Advertisement