Quote:
Originally Posted by ChiliConCarnage
2020 had first day IPO pops of 36%. More than double any year since 99. This doesn't look great either.
I'm not sure it's deeper into the broad market much yet. Pot stocks went nuts a few years ago before dropping down 90% in some cases. |
I'm becoming increasingly convinced it's being driven by people who (ahem) get excited about "get rich" stocks and don't actually do the necessary research to see if they're truly good bets long-term. It's not a stretch to imagine a dip is coming - I just hope it's not too severe.