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As you know I’m a bit passive when it comes to [some] #IPOs . So when I saw this article giving some context into how some of this years IPOs are performing. Granted it capturing insights not just for the NYSE, but the International markets is interesting to see how it isn’t just happening here. Half of the companies that raised more than $1B at initial public offerings this year are trading below their listing price. By comparison, among large IPOs that listed in 2019, about 33 per cent were below issuance price a year after hitting the market, while 27 per cent of those priced in 2020 were in the red after 12 months of trading. The thing that I’ve seen questioned is the valuations (the worth of a company) that have been placed on companies lately. Even one company recently pulled their IPO because of this (Authentic Brands Group https://www.cnbc.com/2021/11/22/authentic-brands-shelves-ipo-to-sell-stake-that-values-company-at-12point7-billion.html?&qsearchterm=ipo) ). Even though I always give a heads up about that 2 week window after an #IPO. Granted there’s some unicorns, but this article was a confirmation on how interesting the IPO/SPAC market has been this year. Read more: https://www.google.com/amp/s/www.pymnts.com/news/ipo/2021/49-of-2021-high-profile-ipos-trading-at-below-listing-price/amp/ #thisisalongtermplay
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I have to honestly say anything is brick and mortar. Just isn't going to be in the future. Including malls and when they talk about it in this article I think their valuation is exceedingly high. Cause you can try on anything now and send it back if it doesn't fit. And as far as SPACs go and I'm super new the game everyone I've invested in has has gone up. They always soar drop but level. LikeSee more
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I just what I was going to say is I wouldn't invest. I don't think it's a solid investment I think it would start diving the minute you invested. Because this isn't the future.
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@redbunwinsatgmail I think brick and mortar is here to stay if it’s done right. It’s the locations of Forever 21 stores that’s their problem. Dying shopping malls with overpriced leases. That’s why stores like $TJX and $BURL seem to be more resistant to supply chain stress and other forms of disruption I think. Me personally I’m not going to want to buy all my things online. I like to touch feel andSee more
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@mrmurky I guess I should have clarified myself furniture absolutely 100% yes a store for exactly the reason you stated. But clothing, accessories, shoes, makeup ect most .. I'd say 75% of the time woman know brands and cut and such US vs Asia sizes ect. Usually makeup too if your over 25. And unless we are high end shopping and even then a deal is a deal if you can get it on-line :-) So yes I seeSee more
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@redbunwinsatgmail I like stores like forever 21 because they sell jeans that fit just the way I want them and have colors that are sometimes are hard to find but without the extraordinary prices I’d have to pay for at places like Saks. I was shopping with a female friend of mine and I explained to her these things and she didn’t believe me. So I took her to forever 21 and American eagle outfittersSee more
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@Redbunni - I hope you were just being sarcasm ! I WILL NEVER order clothes and try them on and send them back and Stores/Malls etc will be around for a VERY LONG TIME
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@redbunwinsatgmail Congrats on your recent luck with SPAC’s. You mentioned you’re new to investing. One of the reasons I follow and enjoy @nvknows is because she does a phenomenal job in utilizing metrics and data to build her messages. It’s taken me years to remember feelings are not facts. They’re indicators. When we couple our personal experiences with analytics/data to help drive decisions, we mSee more
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The wife hates and almost never orders online clothing unless the store recommends she order her wants from thier warehouse. And home accessories don't even mention internet ordering. But my two boys use it alot. For me it's once in a blue moon I use it.
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@DebtCollector444 I think your wrong brick and mortar has lost market share year after year. Who would have thought millions would buy groceries online but it’s happening. My daughter uses a clothing subscription service they ask her a million of questions about her tastes and there app measures her to spec as if it’s tailored. She just sends back what she doesn’t like and only pays for what she kSee more
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@kemper Right! I had no idea they were that risky seriously in the beginning it was kinda like this looks interesting $RKLB was my first I got in at $9 when it was still in it's holding phase ups downs sold some I bought a lot I have 3 more now all are up and none have closed yet but the companies are all in the closing phases. Now I am tackling crypto. Talk about a roller coasters... uggh but likSee more
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@nvknows this is very real
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@kemper I wanted to add I read a great deal about the SPAC prior to investing I mean like about everything. You have to it could seriously fall apart and one almost did but I jumped at the right time with one so close I barely came out ahead and it nosedived.... and $RKLB is a long-term anyway and still up. I follow @nvknows and a few other who are nothing short of inspiring me to do better and reallSee more
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@mrmurky I don't think it will affect price one bit. It won't. I actually created an online store during the shut down. Not clothing not my passion, not enough profit margin for me unless it's speciality hard to find high end vintage brands, seriously, I ain't got time for that. I had an estate to sell crystals and such $. I think it will just move online and have specials you can only get from theSee more
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Great read! I’ve always believed that it is the people who move all markers in profit. These forms are awesome! Thank you
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Good morning sista. It’s always a dope opportunity to read and observe your blogs. You are a special gem of the community family too. Hope you have a dope day
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This is a really great discussion thread. I can understand both viewpoints. @mrmurky @redbunwinsatgmail .
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Great discussion like @KingSolana said @redbunwinsatgmail x @mrmurky — Brick and Mortar has been going through it; I do think that it will still see some dips through the next year or so. E-commerce will parallel it eventually. Even $TJX is online! Crazy! Valuations have been a bit off for some sectors over the last 18 months or so. SPACs aren’t new, but a buzzword as of late. I talk about them a lotSee more
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Thank you so much for the love @kemper ! It really means a lot! I echo your thoughts about @redbunwinsatgmail being off to a great start! 🦈
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@lam1111 Thank you so much! A lot of great content can be found here on Public!
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I appreciate you @GetSlade
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Enzo@enzo
Really enjoyed reading this post and the different perspectives in the comments! 💯
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