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So any guesses on what Snowflake opens at ????

Posted on 9/16/20 at 8:40 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
14470 posts
Posted on 9/16/20 at 8:40 am
i'm going with 160.
This post was edited on 9/16/20 at 8:41 am
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 9/16/20 at 8:44 am to
Yeah It's gonna be up there.
Probably won't be until like noon at this pace
Posted by FLObserver
Jacksonville
Member since Nov 2005
14470 posts
Posted on 9/16/20 at 8:53 am to
agree noon earliest. i'm thinking between 1 and 2 pm.
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 9/16/20 at 9:43 am to
I'm in for 70 shares for up to $170 per.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 9/16/20 at 9:51 am to
I'm going to set a limit for 1 share at like 95

Because with what's happening with tech for the past few months, it will probably hit 92 and 230 in the last hour
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 9/16/20 at 9:59 am to
Indicated open @ 190-195 as of 11AM ET.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 9/16/20 at 10:02 am to
Jeez man, yesterday it was at like $100
Posted by msutiger
Shreveport
Member since Jul 2008
69626 posts
Posted on 9/16/20 at 10:19 am to
(no message)
This post was edited on 4/10/23 at 4:08 pm
Posted by TTownTiger
Austin
Member since Oct 2007
5301 posts
Posted on 9/16/20 at 10:19 am to
quote:

Indicated open @ 190-195 as of 11AM ET.


Now $205
Posted by AA7
Birmingham, AL
Member since Nov 2009
26704 posts
Posted on 9/16/20 at 10:20 am to
Kinda thinking about seeing if I can short it now, but I know how dumb these can be right off the bat.
This post was edited on 9/16/20 at 10:22 am
Posted by TTownTiger
Austin
Member since Oct 2007
5301 posts
Posted on 9/16/20 at 10:30 am to
quote:

September 16, 2020
11:24 am ET *Snowflake Shares Indicating $220 To $225

11:22 am ET *Snowflake Shares Indicating $215 To $220

11:19 am ET *Snowflake Floor Trader Indicating IPO Not Yet Near Open


This is insane.
Posted by hiltacular
NYC
Member since Jan 2011
19678 posts
Posted on 9/16/20 at 10:31 am to
Its nuts. I would be absolutely shocked if it didnt drop like a rock at the open.
Posted by TTownTiger
Austin
Member since Oct 2007
5301 posts
Posted on 9/16/20 at 10:33 am to
quote:

11:29 am ET *Snowflake Shares Indicated $230 On 1.6M Shares
Posted by FLObserver
Jacksonville
Member since Nov 2005
14470 posts
Posted on 9/16/20 at 10:34 am to
yeah will hold off purchase now. Insider selling will be thru the roof at this opening leaving retail investor holding bag
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 9/16/20 at 10:37 am to
quote:

Kinda thinking about seeing if I can short it now, but I know how dumb these can be right off the bat


I doubt you’d find shares to borrow for a short today. Plus, the borrowing cost would be insane.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30578 posts
Posted on 9/16/20 at 10:37 am to
Just more evidence that IPOs are a huge scam
Posted by TTownTiger
Austin
Member since Oct 2007
5301 posts
Posted on 9/16/20 at 10:39 am to
quote:

11:31 am ET *Snowflake Shares Indicated $245


Posted by FLObserver
Jacksonville
Member since Nov 2005
14470 posts
Posted on 9/16/20 at 10:42 am to
brokers and insiders buying it up to short it when retail investors get the first chance at it. Yeah i'm out and i wasnt even close on the open
This post was edited on 9/16/20 at 10:44 am
Posted by AA7
Birmingham, AL
Member since Nov 2009
26704 posts
Posted on 9/16/20 at 10:43 am to
quote:

brokers and insiders buying it up to short it when retail investors get the first chance at it

Exactly
Posted by TTownTiger
Austin
Member since Oct 2007
5301 posts
Posted on 9/16/20 at 10:44 am to
Snowflake CEO about to be interviewed on CNBC
This post was edited on 9/16/20 at 10:45 am
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