Why Goldman's Flow Guru Is Buying The "January Effect"
Why Goldman's Flow Guru Is Buying The "January Effect" With stocks down hard to start the new year, extending Friday's losses... ...Goldman's flow-of-funds…
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Why Goldman's Flow Guru Is Buying The "January Effect" With stocks down hard to start the new year, extending Friday's losses... ...Goldman's flow-of-funds…
by Tyler Durden The Coinbase IPO Direct Listing day was memorable because not only did it top tick the price of bitcoin in 2021, but it also marked the peak price the crypto exchange in its brief public life. The reason behind the subsequent collapse: relentless, aggressive selling by insiders which because the public offering was a direct listing and not a traditional IPO was allowed. It now appears that Robinhood's stock price - once it breaks for trading - will follow the same fate. We know this because in addition to the other remarkable disclosures in the company's S1 filing profiled pr...