Jan. 23 at 6:49 PM
Here is a story.
$NVDA was down for more than 12 years after the dot com bubble. Negative for 12 years. It began to wake up aggressively in 2013-2015.
Look at the chart.
$SNDK gave a secondary only months after returning public. The price was in the 40s- 50s, I forgot the exact date. That being said, I believe the executives knew of the potential of the company, certainly they did , but they did a secondary with price there and not here. Yes, this could’ve been part of the IPO plan, yes.
But what stops them from doing one now at 450? It’s cheaper than financing debt.
My point, markets are irrational, fill your brain with reference and
$STUDY the past.
