Submitted by Bryan_R58 t3_z77gk5 in wallstreetbets
VisualMod t1_iy52la3 wrote
It is a bad idea to buy IPOs because you are almost guaranteed to lose money. The stock price will likely not be supported by the underlying business and you could end up losing most or all of your investment.
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Walla_Walla_26 t1_iy5i691 wrote
Learned that lesson last year. Never again
robot_handjob t1_iy6y4zd wrote
Oh great and powerful u/VisualMod please bless us with knowledge on why SPAC’s are even worse.
GoldH20 t1_iy7dcpy wrote
Oh fk off
Icy-Cat6810 t1_iy7e1x7 wrote
Vismod is the new graham of our time bro
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