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Anonymous

27 Oct 2019

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General Investing

Lyft IPO- I heard Institutional Investors priced the stock at the upper range of $72...What does this mean? It then traded 80+ dollars on its first day. Why and can we tell anything from this?

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Kelly Trinh

27 Oct 2019

Backoffice technical at financial services firm

Its dropped like a rock since then so at least the long term lesson is that institutional investors don't have any special sauce and crystal ball on future stock prices

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Are we allowed to bid stock price after trading hours/office hours for the day? E.g. Sat/Sun. Will the price we bidded be in the queue for the next trading day?

Since Lyft's IPO is oversubscribed, does it mean I have no opportunity to get any stock if I try to bid for the IPO stock now? How does that work?

In my CDP account, what does settlement date means? Does it means the day the stock I traded is officially under my name?

I presume large volume and large body candlesticks are institutional selling or buying. Why would institutional investors sell a stock when it does not fall below the lowest level since the day it listed?

I have questions on Dollar Cost Averaging (DCA). If i do it every 6 months, does it mean the units i received will be determined by the price of the purchased stock?

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