ARM: Be careful chasing hot IPOs.

14 Sep 2023

ARM see a lot of FOMO here..

Remember:

1. Don't market buy. They will fill your order as high as possible.
   
2. Don't FOMO buy. Don't force a trade.
   
3. SoftBank is a dumper. They tried dumping ARM in 2020 for a +25% gain to NVDA. Let that sink in.
   
4. Also, don't short it. You might get roasted.
   
5. SoftBank bought 25% stake at 64B valuation recently. That means that should serve as a decent floor. The other floor is 40B which NVDA would scoop up I imagine.
   

Follow for more tips & like this post. Your support is appreciated.

14 Sep 2023

Nota

There is no chart for this. There is no price action. There is no recent trading history. This is a shot in the dark. There is not enough fundamental analysis even. You need to be careful.

If you're buying anyway: size in slowly, don't buy all your position at once. It's okay to miss on a gain, but it's not okay to not have buying power and watch your position wither away.