Tech IndustryAug 3, 2017
AppleEjshe

Redfin bursted

It was bound to happen

Microsoft enhancello Aug 3, 2017

Bursted?

Oracle jceg8 Aug 3, 2017

It's down 5% after a 45% run. That's not bursting that's called consolidation. Can't keep running up forever.

Apple keepsake Aug 3, 2017

Shit. I bought today and lost my money. I want to kill myself for the bad timing.

Credit Karma MyMyMy Aug 3, 2017

never buy ipo

Microsoft vivalavida Aug 3, 2017

Genius, then ipo price will drop to zero

Redfin triskler Aug 3, 2017

Goldmann exercised their option to buy an additional 1.5 million shares at the ipo price yesterday night. The float has increased by ~10%, I'm not remotely concerned with this drop today.

eBay chair Aug 3, 2017

That means Goldball Sacks is gonna start pumping RDFN then dump at the peak

Redfin triskler Aug 4, 2017

I agree with you. Cause that's literally what happened. Up 6-7% in early trading then large sales volume of around 150k in 15 minute increments in early morning trading.

Airbnb musta.ch Aug 3, 2017

up >40% from IPO. Wow, that's a "burst" most companies would kill for. What's with tech employees getting sick satisfaction from seeing others suffer, to the extent where they look for others' failures where there aren't any? They're killing it, and so is Apple. Congrats to everyone. But I might start buying gold. Shit's feeling a little too rosy these days...

Apple Ejshe OP Aug 8, 2017

I stand corrected, it freaking bursted

Airbnb musta.ch Aug 8, 2017

lol what numbers are you looking at? Still up about 30% from opening market price, and 67% from ipo price. If you bought at the peak of the IPO hype and lost your money, then you probably shouldn't have a brokerage account.

Airbnb musta.ch Aug 8, 2017

maybe you're looking at the wrong ticker? It's RDFN lol

Oracle jceg8 Aug 8, 2017

Op is just salty he lost money trying to run with the big boys. News flash op you're not institutions. They made out like bandits on your money.

Apple Ejshe OP Aug 15, 2017

Am loving it

Apple Denver Aug 15, 2017

I am still 14% underwater 😐