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URL:  https://boards.fool.com/having-the-stock-price-move-the-quotwrong-34255586.aspx

Subject:  Re: Slack Technologies (WORK) Date:  7/22/2019  5:38 AM
Author:  captainccs Number:  115362 of 117410

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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