360 1.51% $18.94 life360 inc.

Ann: Strategic acquisition of Tile & Equity Raise - Investor Pres, page-24

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  1. 169 Posts.
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    Seen many of these and always seen the SP go back to whatever price the placement was at.

    it’s basic psychology - you see others paying $12 and u feel yours are worth $12 (theres also considerations of dilution)


    the good news is that what you virtually always see is that the “sophisticated” investors keep the share price around the placement level ($12 ish here) until their shares are released from escrow at which time they do a big pump and dump setting up a nice trading opportunity for anyone that wants to try and make a nice profit and buy back cheaper - you just need to watch the action quite closely in days after the shares are released to the market.

    after that I’m thinking these will head on up

    and no I don’t currently hold 360, was looking to take a position and found the trading halt. Will likely buy in some time over the next few days-ish. Commenting here because while some seem a little worried, in my experience there is nothing to worry about

 
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