- Joined
- Mar 10, 2002
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Yeah, it depends. I bought in at 24 and I've made around 70 bucks profit so far. I bought Roblox the first day and I'm 140+ in the green. Of course, if I'd waited and bought the dip I would have been better off. In the case of EDR though, there's so much room for upward growth I don't know that it will have the same sort of dip. Your approach is a wise one though.I never buy an IPO on it's first couple of days. Give this a few weeks and you'll get it below $20.
In other news, Elon Musk is now on board, which is, I'd think, a good thing both for the stock's press and for the company itself.