Parkd IPO

  1. 4,192 Posts.
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    This is one of those stocks that you read the prospectus and you just get it.


    The market can easily relate to the technology as it's not an overly complicated concept that requires an in depth knowledge of the sciences, resources or tech to understand why their would be (and is) demand for a solution such as Parkd's modular parking system.


    I would expect hospitals, airports, car yards, automotive mechanics and rental car agencies to be lining up with purchase orders.


    With the 3x Over subscribed IPO and the overall massive demand from some of the bidders I would expect there to be a fair bit of on market support when this lists. On top of that demand I'm fully aware of Mac Equity's ability to build tight registers as they are very careful to not allocate stock to loose handed brokers or individuals who developed reputations for flipping.


    Needless to say I am very excited for this float.



    Disclaimer: I was fortunate enough to take seed and IPO stock in this gem.
 
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