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by SwellJoe 15 days ago
No.

The insiders don't need it to go up from the IPO price. It can fall quite a bit, and they still win. Your ETF will likely be catching a falling knife. All the funds that track the Nasdaq 100 will prop up the price so it doesn't completely collapse.

This stock is a terrible deal for investors, whether as part of an ETF or as a buyer in the public offering. It's possible people will fall for it... they're still falling for TSLA despite everything.

Regardless, I want nothing to do with it.

1 comments

How would the knife be falling before any insiders can sell one share? You're assuming outsiders are going to pump and dump before you can sell anything yourself?