Started By
Message

$STBX IPO 8/23 launch day

Posted on 8/23/22 at 7:21 am
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32444 posts
Posted on 8/23/22 at 7:21 am
Got 11 shares at $4. Who’s riding?
Posted by weisertiger
Lake Charles, LA
Member since Sep 2007
2518 posts
Posted on 8/23/22 at 7:34 am to
In for 100 at $5.00
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/23/22 at 8:11 am to
Pump and dump. How many halts today? 7 over under?
Posted by Diseasefreeforall
Member since Oct 2012
7214 posts
Posted on 8/23/22 at 8:26 am to
quote:

Pump and dump. How many halts today? 7 over under?

Of course it's a pump and dump that'll be halted over and over but I got 12 shares that are very likely gonna pay for my next Amazon order so as long as you don't FOMO and chase it's a fun way to make a small amount of cash.

JZ is Friday so that's the next one.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4649 posts
Posted on 8/23/22 at 8:48 am to
40 here
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32444 posts
Posted on 8/23/22 at 10:17 am to
I have been busy this AM. I see its halted around $30. I assume its still going up?
Posted by Diseasefreeforall
Member since Oct 2012
7214 posts
Posted on 8/23/22 at 10:33 am to
I just got out. Easy $400.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/23/22 at 11:13 am to
quote:

I just got out. Easy $400.

Smart man
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35878 posts
Posted on 8/23/22 at 11:22 am to
That's how you do it. Don't get greedy.
Posted by BZ504
Texas
Member since Oct 2005
12942 posts
Posted on 8/23/22 at 12:03 pm to
How did y’all get so cheap? I saw it was $25. I’m not touching this. Got greedy on the last one.
Posted by weisertiger
Lake Charles, LA
Member since Sep 2007
2518 posts
Posted on 8/23/22 at 12:09 pm to
Mine didn’t fill so I haven’t tried to get in any higher
Posted by Diseasefreeforall
Member since Oct 2012
7214 posts
Posted on 8/23/22 at 12:16 pm to
quote:

How did y’all get so cheap? I saw it was $25. I’m not touching this. Got greedy on the last one.


You preorder shares on Webull. Not sure if any other brokers let you do it. You get shares at the IPO price, in this case $4, but the downside is you'll only get a small amount of shares, I got 12. The preorders close a day or two before the IPO.

The next one is JZ on Friday so tomorrow or Thurs will be the last day to preorder. After that we'll see if the great IPO boom of 2022 has any steam left.

Edit: The IPO Market Watch Youtube channel is probably the best place to get the info on this stuff.
This post was edited on 8/23/22 at 12:19 pm
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 8/23/22 at 12:56 pm to
11 shares constitutes “riding”?
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/23/22 at 2:19 pm to
Looks like these things have about run their course . Get in at the jump and be out in the next few hours or be stuck holding the bag. Rinse and repeat.
This post was edited on 8/23/22 at 2:20 pm
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/23/22 at 3:33 pm to
quote:

The next one is JZ on Friday so tomorrow or Thurs will be the last day to preorder. After that we'll see if the great IPO boom of 2022 has any steam left.



I don't see any IPOs going off with the ticker JZ
LINK
Posted by JDPndahizzy
JDP
Member since Nov 2013
6918 posts
Posted on 8/23/22 at 3:38 pm to
STBX Board of Directors:

Lee Choon Wooi
Khoo Kien Hoe
Lai Kwong Choy
Sung Ming-Hsuan
Law Peck Woon


No thank you..
Posted by Diseasefreeforall
Member since Oct 2012
7214 posts
Posted on 8/23/22 at 3:48 pm to
quote:

I don't see any IPOs going off with the ticker JZ

It's Chinese.

IPO Scoop
Posted by SpeedyNacho
Member since May 2014
2565 posts
Posted on 8/23/22 at 3:54 pm to
Caught $HKD this way a few weeks ago. 27$ to 300$ and final exit at 350$. Just play the ipo run up, watched it fly to 2500$ a share
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/23/22 at 4:03 pm to
quote:

It's Chinese.



So it's suppose to pop like STBX? What the reasoning?
Posted by Diseasefreeforall
Member since Oct 2012
7214 posts
Posted on 8/23/22 at 4:31 pm to
quote:

So it's suppose to pop like STBX? What the reasoning?


Just being the next asian IPO is one catalyst but JZ specifically has the same underwriter as HKD, AMTD Global Markets Limited:

SEC filing

Whether it pops or the fizz has gone out of the IPO craze is yet to be seen but so far it's been an easy way to make a little money.

I don't day trade and very rarely take a short term trade but these have been a layup for an extra $500 over the past few trading days. We'll see what happens Friday.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram