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@Sandyboy:Hi, thanks for reading my post and sharing your observations & practise. Indeed, it is true that most IPO stocks will not survive its euphoric rush. Same happened to ARM, CBRS etc.. However, inexplicably, investors have "lumped" both SPCX and TSLA together. News on either stock will cross-affect the other, cross-supporting each other as well. This is my latest observation.//
@Sandyboy:Nice. I bought at 150 and sold at 175. Had puts at 150 which I rolled down to 144 and plan to roll down further to 135 and below if possible. Historically IPO get crushed within 6 months of listing and may rise after that. Bullish flags are inclusion in indices which will push the price up. The staggered exit for promoters is a bear flag.
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