Breaking: SNOW blames short sellers and Pershing Capital as stock falls more than 20% from all time highs in less than 15 minutes. Short sellers respond, "There were borrows?"
Breaking: Republicans vow stimulus aid to SNOW longs as stock drops almost 25% from its all time highs. Powell to speak on SNOW support efforts at 3:00 PM Eastern.
They're doing it again at $271 here. That might be the top for the rest of the day. Give or take a few.
I'm sure this goes into the 100s in the next few weeks. Even facebook dropped 50% after the IPO. This will be no different.
That one was pretty much spot on. Not that anyone here gives af... obviously. But I do. These things matter. That was a tough call on an IPO, the most hyped IPO, that traded 36 million shares. Thank you very much. Chalk one up for GBA.