If you could go back in time to when you first started investing and give yourself advice what would it be? I asked some of favourite fintwit accounts what they thought, a thread👇(1/n)
Thank you to all the wonderful gentlemen that participated in this. I think there’s a valuable lessons within. If you liked this thread give it a retweet and I’ll do some more soon 👇
$ABNB The lockup period for Airbnb ends today. In this thread I explain what a lockup period is and how it could effect the short-term price action of the stock:
A lock-up period is a pre-determined amount of time following an IPO (initial public offering) where large shareholders (executives etc.) are restricted from selling their shares:
Lockups can place enormous selling pressure on a stock. Lets use $UBER as an example, the company IPO'd at $42 per share and fell to the sub-30s upon lockup expiration.