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https://boards.fool.com/having-the-stock-price-move-the-quotwrong-34255586.aspx
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| Subject: Re: Slack Technologies (WORK) | Date: 7/22/2019 5:38 AM | |
| Author: captainccs | Number: 115362 of 117410 | |
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Having the stock price move the "wrong way" immediately after buying is a common experience. It's not unique to IPO s. Since short term price moves are essentially random you have close to a 50% chance of the price going down after you buy and a 50% of it going up after you sell. But there is a compensation, since short term price moves are essentially random you have close to a 50% chance of the price going up after you buy and a 50% of it going down after you sell. LOL Denny Schlesinger |
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