Ghost of Igloi wrote:
Contrarian indicator alert wrote:
Ghost of Igloi wrote:
Bet they are under the IPO price by at least 20% by year end.
There’s your BUY signal folks!
Load up, muppet pie!
Ghost of Igloi wrote:
https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1
... * MIGHT be down 20% within the year....
seattle prattle wrote:
Ghost of Igloi wrote:
https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1
Why do you cheapen the site with this trash? Honestly, your credibility suffers from stuff like this.
Do you realize that the stock is up almost 8% on the day? That means that it is trading at almost 8% higher than its offer price. Does that chart depict that? No.
I don't have any skin in this game but I'm also not afraid to call a rat for what it is.
And it is an IPO on opening day. Everyone knows it's going to bounce around with little rhyme or reason. And it very well be down 20% within the year. Everyone knows this. It's taken for granted and that's the reality no matter how you want to spin it.
seattle prattle wrote:
... * MIGHT be down 20% within the year....
Slinky pattern detected:
https://mobile.twitter.com/gonzobreakout/status/1111660182075916289
Ghost of Igloi wrote:
seattle prattle wrote:
... * MIGHT be down 20% within the year....
I’ll help you restore your credibility for the next IPO:
“But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”
Lemons wrote:
Ghost of Igloi wrote:
seattle prattle wrote:
... * MIGHT be down 20% within the year....
I’ll help you restore your credibility for the next IPO:
“But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”
Your credibility suffers when you don’t realize that some ordinary investors paid a lower price.
Lemons wrote:
Ghost of Igloi wrote:
seattle prattle wrote:
... * MIGHT be down 20% within the year....
I’ll help you restore your credibility for the next IPO:
“But Lyft’s first-day gain is measured off the I.P.O. price (which was set on Thursday, when shares were divided up mostly among large funds). Ordinary investors who wanted in had to wait to buy the stock until it was available on public markets on Friday, and at a much higher price than the big funds paid.”
Your credibility suffers when you don’t realize that some ordinary investors paid a lower price.
Ghost of Igloi wrote:
seattle prattle wrote:
Ghost of Igloi wrote:
https://mobile.twitter.com/zerohedge/status/1111720204663427072/photo/1
Why do you cheapen the site with this trash? Honestly, your credibility suffers from stuff like this.
Do you realize that the stock is up almost 8% on the day? That means that it is trading at almost 8% higher than its offer price. Does that chart depict that? No.
I don't have any skin in this game but I'm also not afraid to call a rat for what it is.
And it is an IPO on opening day. Everyone knows it's going to bounce around with little rhyme or reason. And it very well be down 20% within the year. Everyone knows this. It's taken for granted and that's the reality no matter how you want to spin it.
Your credibility suffers when you appear not to not know the qualification requirements to buy at IPO price.
So we just finished the best quarter in years. How will the naysayers rationalize that?
Ghost of Igloi wrote:
Wanna make a bet on Q1 2019?
mister wrote:
Ghost of Igloi wrote:
Wanna make a bet on Q1 2019?
Best 1st quarter for the S&P in over 10 years. That can't be!
mister wrote:
Ghost of Igloi wrote:
Wanna make a bet on Q1 2019?
Best 1st quarter for the S&P in over 10 years. That can't be!
wondering wrote:
So we just finished the best quarter in years. How will the naysayers rationalize that?
Ghost of Igloi wrote:
mister wrote:
Ghost of Igloi wrote:
Wanna make a bet on Q1 2019?
Best 1st quarter for the S&P in over 10 years. That can't be!
Good job mister, I knew you worked hard for this. Add LYFT to your holdings and make sure you keep an eye on the trajectory of your portfolio.
Ghost of Igloi wrote:
wondering wrote:
So we just finished the best quarter in years. How will the naysayers rationalize that?
https://mobile.twitter.com/hussmanjp/status/1111649960523694080
Here are a couple of gems from 10 days ago to illustrate the Igy contrarian factor:
Ghost of Igloi wrote:
Better punt on your BA before the football gets blocked.
Ghost of Igloi wrote:
Wineturtle,
I have no opinion on TSN, but does not seem a great value at current price.
I would review the financials on page 23 of the 2018 Annual Report:
The sales are relatively flat for five years, debt rising as company buys back stock at ever higher prices. Net income is up, but paid no taxes 2018 based on prior losses. I would review risk disclosures in annual statement.
Igy
I’ll be regurgitating all of your bullish posts as the year goes on. ??
Ghost of Igloi wrote:
I’ll be regurgitating all of your bullish posts as the year goes on. ??
