Rigged Much? Stocks Puke The Moment Dropbox IPO Opens

in #stockmarket • 7 years ago

Content adapted from this Zerohedge.com article : Source

A crazed IPO market often signals a market top.

Are we experiencing that now?

Yesterday, the IPO of Dropbox hit the market. The IPO was for $21 with the price opening at $29. This meant billions were left on the table, at least initially.

Things quickly reversed course.

Is this a sign of a market top?

Non-adapated content found at zerohedge.com: Source

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#equities #dropbox #ipo #markettop
7 years ago in #stockmarket by
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     7 years ago 

    Thanks for the information

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     7 years ago 

    Yeah, I'm not that bullish on the dropbox IPO. Dropbox isn't really a long term company.

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     7 years ago 

    How about Steem or SBD? These are only cryptocurrencies which I have :) Please tell me good things! Thanks for the update.

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       7 years ago 

      Overall Stock Market doesn't look healthy at all with ATH ! I'll be looking for hidden gems after a correction and for the meantime; I'm eyeing Gold/Silver & Cryptocurrencies

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         7 years ago 

        hidden gems = HIMX and KOPN for tech stocks and currently NTLA is down from a recent ATH check em out

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           7 years ago (edited)

          All we have to do is just to take a look at this chart. The stock market is not done yet, unfortunately I think the same about crypto as well. For the past year I have been accumulating physical gold and silver. This market is completely fake and it’s colapsing under its own weight.
          32A720D3-51C6-4C56-8FFE-B75109BF18EC.png

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             7 years ago 

            Nothing rigged there that's just algo and high frequency traders chasing their "own" high...hahahaha

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               7 years ago 

              Dropbox showed the potential in the first day in Wall Street, a lot of speculation behind what´s new, has always, so I think it will lose some value after this hype pass.

              Stocks had a rough week, at least that´s what it seemed to me everyday, probably because of the push upwards, after the now known as "black monday".

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