Hot IPOs! Would you follow after a 100% surge?

Tiger_comments
03-26
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Last week's IPOs, the AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively.

How to choose from the two stocks?

  • Reddit's options saw a maximum increase of 720% yesterday. Call options with strike prices between $50 and $75 are among the most actively traded contracts on Reddit.

  • Sam Altman, OpenAI’s CEO, is the largest shareholder in Reddit as well.

However, it's worth noting that neither of these companies has achieved profitability and valuations are high. They are undoubtedly meme stocks of March.

 

ALAB Pullback? Time to Add or Exit?
Astera Labs rose to $95 but then pulled back with the broader market. ---------------- Is a good time to add or exit? Backed up with big guys, will the chip company repeat trend of ARM? What's your target price for Astera Labs?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • Shyon
    03-26
    Shyon

    Without doubt, $Astera Labs, Inc.(ALAB)$ and $Reddit(RDDT)$ are the 2 extreme meme stocks in March. Both of them are new IPO released stocks which largely attract market attention. 

    It depends sometimes IPOs are beneficial and can make you quick money and sometimes or we can say most of the time IPOs are like traps for retail investors or beginners since shares of IPOs get dumped upon the retailers during the listing of the IPO.

    IPOs become highly overvalued during the funding round and hence it becomes an opportunity for big players and institutions to dump the co. overvalued shares upon the retailers as they have already made huge profits in the funding round of the IPOs. If you are a beginner then you must stay away from IPOs, as to invest in IPOs one needs to check the overall valuation of an IPO whether it is reasonable or not, and then proceed to apply for it.

    if you want to invest in IPOs then I think bull markets are the best time to invest in IPOs since recently I have seen many companies with unreasonable valuations and ask-size listing on gains on the stock exchange. And in this 2024 bull market, almost every IPO listed on gains on the exchange even if the valuations were undigestable. 

    However, do bear in mind that IPO will usually have a crazy valuation due to market FOMO behaviour especially when the stock keeps on flying. A bit IPO like $ARM Holdings Ltd(ARM)$ worth a collection but a bad IPO like $VinFast Auto(VFS)$ will make you to suffer a big loss if you chase high and never cut loss.

    Well, how do you like IPO? Do you invest at the first few days of IPO or you prefer to wait for at least few months for the share price to stabilise before entry. Come and share with us your strategy!

    @Tiger_comments  @TigerStars  @CaptainTiger  @MillionaireTiger  @TigerClub  

  • Fenger1188
    03-26
    Fenger1188
    谢谢 @Tiger_comments 精彩分享👍🏻,$Reddit(RDDT)$$Astera Labs, Inc.(ALAB)$这两只股我都有投资, Reddit我赚一点点就获利了结了。 目前只留着Astera, 现在AI风靡全球,有AI这个东风, 相信过不了多久其股价就能破百。我会继续等待时机买入更多Astera股票😃朋友们请加入评论赢虎币😄愿大家天天开心, 身体健康,股票大涨,早日实现财务自由❤️❤️
  • icycrystal
    03-26
    icycrystal
    AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively.

    do note though that that neither of these companies has achieved profitability and valuations are high. thus, making them meme stocks of March.

    perhaps, better to monitor them instead of jumping in...

    @Aqa @Universe宇宙 @GoodLife99 @koolgal @Shyon @rL @LMSunshine @HelenJanet @DiAngel

    come comment and win coins [smile] [smile] [smile]

  • Aqa
    03-26
    Aqa
    Two meme stocks of March 2024 : $Reddit(RDDT)$ and $Astera Labs, Inc.(ALAB)$ are hot now IPOs. They amass colossal interest and have surged by 75% and 136% respectively. But neither of these companies has achieved profitability and valuations are way too high. Investors are largely in it for very short term. Anyone interested in trading these meme stocks should do so with ultmost care and diligence.
  • WanEH
    03-27
    WanEH
    $Astera Labs,Inc。(ALAB)$提供可以集成各种数据中心组件的产品。这样这家公司真是站在人工智能的风口啊
  • Ms Mac
    03-27
    Ms Mac
    $Astera Labs, Inc.(ALAB)$ is too hot 🔥 to buy atm.
    As for $Reddit(RDDT), it is great to get in NOW before it surges again.
    Both are awesome waves to buy, and the market is on fire.
    Therefore, which one did I pick? and how many do you think I purchased?
    [Sly] leave me a comment. 🤑
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