4 ms·
It honestly comes off as short sighted from the equity holder perspective. FB also dropped on it's first trading day but look at it now. Most of these people wo
by 0x0nyandesu 5y ago
It honestly comes off as short sighted from the equity holder perspective. FB also dropped on it's first trading day but look at it now. Most of these people would be better off hodling for a few years.
- tehwebguy 5y agoVery possibly saved them in fact, not likely they would have sold at the exact moment it peaked
- ipaddr 5y agoBuzzfeed is not facebook and expecting a rebound is like waiting for a blockbuster revival.
- 0x0nyandesu 5y agoThese employee shareholders are all whales for this given stock so if they all sell at once not one of them would get the same price. They'd all tank it for each other. They are far better off waiting for a random Tuesday 2 years from now so that the market can absorb it. As far as buzzfeed not being Facebook so what? Stocks these days are more marketing than anything else.
- tibbetts 5y agoI haven’t done the research, but Facebook is generally exceptional. I would expect that on average shareholders of companies that drop on IPO would be better off selling at the open and diversifying than holding for any period of time. I’m even more confident this is true of SPACs.