kingdips

ARM: Be careful chasing hot IPOs.

Education
kingdips Updated   
NASDAQ:ARM   Arm Holdings plc
ARM see a lot of FOMO here..

Remember:
  1. Don't market buy. They will fill your order as high as possible.
  2. Don't FOMO buy. Don't force a trade.
  3. SoftBank is a dumper. They tried dumping ARM in 2020 for a +25% gain to $NVDA. Let that sink in.
  4. Also, don't short it. You might get roasted.
  5. SoftBank bought 25% stake at 64B valuation recently. That means that should serve as a decent floor. The other floor is 40B which NVDA would scoop up I imagine.

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Comment:
There is no chart for this. There is no price action. There is no recent trading history. This is a shot in the dark. There is not enough fundamental analysis even. You need to be careful.

If you're buying anyway: size in slowly, don't buy all your position at once. It's okay to miss on a gain, but it's not okay to not have buying power and watch your position wither away.

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