Are any of the big IPOs this year even worth considering? Lyft hit the market at $82 or something and at $55 right now, even getting to $47 during the China tariff. Pinterest is down 15% premkt

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My thought had always been that normal people only get a chance to participate after the I banks have opted not to buy all the available shares, which means they thought the shares were overpriced. So I go conservative and stay away.

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I can definitely see that with LYFT. The banks were probably drooling on the initial sale and thankful they GTFO after day 1/2.

I’m probably buying into slack. Zoom was a good ipo

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I’m keeping my eye on WeWork.

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Short.... yeah

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UBER has kinda been meh. But I looked at ETSY when they went public, think it was $16, and yeah, they turned things around. Really asking because I have some cash sitting around right now in brokerage accounts. Also just looking for a general discussion on the big 2019 IPOs.

Who knows? People thought the same of Facebook, but look at it now.

Well yeah, capitalizing and profiting on your personal information. Obviously, if you don't use the platform then that doesn't matter.

Agree with pwc1. I thought Facebook was a donation at $12 in 2012.

IPOs are all scams because market maker institutional investors get first dibs. It's rigged from the start.

Well they don't actually get paid for their work in bringing the company public right? They completely rely on the IPO for their cut?

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Shorted Lyft and Uber so I am doing okay I guess

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