OTCPK:MAGTF - Post by User
Post by
88guy88on May 20, 2022 12:37pm
155 Views
Post# 34698673
The $17 IPO price is just a number....it means nothing
The $17 IPO price is just a number....it means nothingI have seen IPO stocks get 50% or more down off their initial price....a great example is Q4 which came out at $12 and now trades at $4.39 currently.....this one won't get that bad but will likely come off that $17 price quite a bit....will see how it closes and does this summer
like i posted earlier its probably better to just wait until fall 2022 and see where the price is at that time and then perhaps enter into the stock....good luck!