Air BNB = $50billion

Darts

Well-known member
Jan 15, 2017
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AirBNB IPO to-day which could value the company at $50 billion.
 
IPOs can get frothy, alot of momentum traders. I think long term wont be a great hold. they dont really provide anything truly unique, they're just middlemen between home owners and travellers.
 
I highly doubt they're worth even half that...It has worked in the past but post covid...I would stay away...
 
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Insane! The stock doubled in the first day of trading. Insiders cashing out?
 
Insane! The stock doubled in the first day of trading. Insiders cashing out?

they will. but insiders often have a lockup period (IE cant sell until 80 days after IPO) to prevent them from all dumping on the first day.