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IPO

Some Facts About Coinbase and Its IPOI am pretty fascinated by the Coinbase IPO and watched it closely today. I did not trade it or buy or sell it. I just watched. The market is really something else today. AirBnB and Coinbase are $100 billion companies. They are suddenly 1/7th the size of Tesla or roughly 1/15th the size of Google. I have no doubt these are amazing companies, but the valuations are jaw-dropping. Or maybe Google and Tesla are still undervalued? I tweeted this stat the other day: "Dogecoin currently has a market cap of $14 billion. It's now the 13th largest cryptocurrency in the world. Its market cap is bigger than companies like GameStop $GME, Factset FDS, Davita DVA, Kohl's KSS, and Coors Light TAP. It's possible equity markets are TOO efficient compared to other markets." - Tweet here So to answer that question and to dive in, here are some facts I found about Coinbase. Enjoy - by the way these facts come from a various list of sources and official documentation from Coinbase itself: • 56 million users in the most recent quarter, which is compared to 32 million in 2019. • The Coinbase IPO was a direct listing, actually not an IPO, which means there was no money raised. • Coinbase gets 95%+ of its revenue from transaction fees and that needs to change • The company wants to soon move into credit cards, which make up 50% of sales in the next 5-10 years • Coinbase revenue has apparently climbed nine-fold from over the last 12 months to $1.8 billion • Net income has jumped somewhere to $730 million and $800 million and only last year it was $32. • Coinbase is larger than the NYSE and Nasdaq COMBINED. So that's it. Curious to hear your thoughts below. Thanks for reading.
NASDAQ:COIN
by scheplick
70
Coinbase goes to hit $1500IPO investing idea Coinbase, Inc. is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The reference price is $250, I suppose the price will rise much higher at 1 day and later. The market cap at $250 per share is $65bln. Why? Let's check some fundamentals. In 1Q2021 Coinbase reported the next estimated results: trading volume — $335bln volume sales — $1.8bln income — $760mln Also let's check all the market volume data: Volume MA30 in 2018: minimum was at 10bln per day, maximum -- 40bln per day Volume MA90 at 1APR21 was 300bln per day Maximum volume MA30 in 2021 was 360bln per day Volume MA90 at 1JAN21 was 150bln per day On 01.01.2020 volume MA365 was at 50 On 01.01.2021 volume MA365 was at 100 So, we have 4 scenarios of valuation 1) Pessimistic — the crypto hype will end in APR2021 If the hype ends, average volume will fall to 100bln per day at the end of 2021 (like in 2018 from 40bln to 10bln). And will be the same in 2022 and later. So, yearly sales will be at $1.8bln, yearly net income — $760mln. Using SPY P/E multiplier (42), we have market cap at 750mln*42 = $32bln, share price at $125. Using TSLA P/S multiplier (25), we have market cap at 1.8bnl*25 = $45bln, share price at $170. 2) Current market — the market condition will be stable On 01.01.2022 volume MA365 can be at 200 (like x2 from 2020 to 2021) It means: sales — $1.8bln*4*200/360 = 4bln income — $760mln*4/1.8= 1.7bln Using SPY P/E multiplier (42), we have market cap at 1.7bln*42 = $70bln, share price at $270 — almost as a reference price. Using TSLA P/S multiplier (25), we have market cap at 4bnl*25 = $120bln, share price at $385. 3) Optimistic — the crypto hype will continue Trading volume bill be 400bln per day sales — $8bln income — $3.4bln Using SPY P/E multiplier (42), we have market cap at 3.4bln*42 = $143bln, share price at $550 Using TSLA P/S multiplier (25), we have market cap at 8bnl*25 = $200bln, share price at $770. 4) TOTHEMOON scenario trading volume will twice every quarter in 2021. We have 300+600+900+1200/4 = 750bln per day sales — $8bln*750/400 = 15 income — $6.4bln Using SPY P/E multiplier (42), we have market cap at 6.4bln*42 = $270bln, share price at $1000 Using TSLA P/S multiplier (25), we have market cap at 15bnl*25 = $375bln, share price at $1500. So, a pessimistic scenario says it is better to wait for $125 and invest there. In optimistic scenario says it is better to send MOO today, and set 3 targets: 650 1000 1500 So do I :) Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:COINLong
by KozakHlib
15
COINBASE - CoinBase Global Inc - coinbase IPO - BUY -I was warned about posting this - Expect extreme volatility at open Monday - Leading to investors to pour in from crypto and other tech stocks - expect nothing less than 6$ - MEDIA WILL TELL YOU IT'S OVER-VALUED HOWEVER THIS IS NOT TRUE. Expect this IPO to effect the Crypto Markets (DATA FROZEN?) NASDAQ:COIN INDEX:BTCUSD TVC:SPX CAPITALCOM:UK100 TVC:NI225 GDP UP USA CHINA JAPAN INDIA INDONESIA KOREA NIGERIA RUSSIA SAUDI ARABIA TAIWAN ------------------ GDP DOWN GERMANY UNITED KINGDOM FRANCE ITALY BRAZIL CANADA ARGENTINA AUSTRALIA BELGIUM GREECE IRELAND MEXICO NETHERLANDS NORWAY POLAND PORTUGAL SPAIN SWEDEN SWITZERLAND TURKEY
NASDAQ:COINLong
by MaverickTrading
12
A whacky idea based on the Coinbase IPOGoing all out here with a whacky prediction. I believe the Coinbase IPO is going to send shockwaves through the financial markets and may even break a new record for a new company listing, if this does turn out to be the spectacle we all hope for, expect a Tesla candle pushing us to €53k with a small push down for those hoping to short only for the bears to be pushed out the way with a price going straight up to €55k ATH. Its a crazy idea but I am having fun, I think the market will be calm over the weekend in anticipation. Good luck to all BTC family :)
Long
by TobesVibration
1
$COUR is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Coursera doesn't need any description :) The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $39,35; stop-loss — $37,35 ; take-profit — 41,35/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:COURLong
by KozakHlib
4
Renaissance IPO ETFAlong with the popularity of individual IPOs, the Renaissance IPO ETF—trading under the apt “IPO” ticker—has built a hype train of its own. The ETF had $40.5 million in assets under management on December 31, 2019 and ended 2020 with more than $740 million, a whopping 18x increase. Technically, it is in the bullish trend, price is sitting on the support level around 57.50, so we should wait till it breaks the correction line and then buy. Write in the comments below which company you'd like to see in my next analysis.
AMEX:IPOLong
by Stan_Leimanis
$EWTX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Edgewise Therapeutics is a clinical-stage biopharmaceutical company focused on developing orally bioavailable, small molecule therapies for rare muscle disorders. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $27,58; stop-loss — $25,11; take-profit — 34,99/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:EWTXLong
by KozakHlib
$DSGN is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Design Therapeutics is a biotechnology company developing a platform of gene targeted chimera (GeneTAC™) small molecules for the treatment of serious degenerative disorders caused by inherited nucleotide repeat expansions. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $29,32; stop-loss — $19, 40 ; take-profit — 23,49/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:DSGNLong
by KozakHlib
$ZH is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea Zhihu is the largest Q&A-inspired online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC. The share price is falling and gonna continue this trend today. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a short position from $7,91; stop-loss — $9,26 take-profit — $3,86/MOC price Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:ZHShort
by KozakHlib
$CRCT is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea Cricut is a creative technology company that has brought a connected platform for making to over four million users worldwide. The share price is falling and gonna continue this trend today. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a short position from $15,72; stop-loss — $16,84 take-profit — $12,36/MOC price Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:CRCTShort
by KozakHlib
1
$FNCH is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Finch Therapeutics is a clinical-stage microbiome therapeutics company leveraging our Human-First Discovery platform to develop a novel class of orally administered biological drugs. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $21,70; stop-loss — $19,40; take-profit — 28,60/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
FLong
by KozakHlib
$VEI is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea Vine Energy is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. The share price is falling and gonna continue this trend today. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a short position from $13,50; stop-loss — $14,25 take-profit — $11,25/MOC price Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
VShort
by KozakHlib
$SNCY is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Sun Country Airlines is a new breed of hybrid low-cost air carrier that dynamically deploys shared resources across our synergistic scheduled service, charter and cargo businesses. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $34,95; stop-loss — $32,7; take-profit — 41,70/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NASDAQ:SNCYLong
by KozakHlib
VACQ: Vector Acquisition and Rocket Lab mergerNASDAQ:VACQ I spot a nice triangle (or wedge?) signaling a major breakout. No idea if it's to really to the upside but my guess is that it's going green. There's that recent announcement that Rocket Lab is going public via SPAC called Vector Acquisition (VACQ) is promising. This IPO could be a game-changer. I'm still researching the company but they seem to have a lot of potential. Who knows! Do your own research. This isn't financial advice and I'm not a financial advisor. I am not a cat. References: www.rocketlabusa.com
VLong
by traderman001
Btc end march/ begin april 70K? Hi guys with Rae, I hope your making great gains these days. Today i show you my idea and why i think we could hit 70K and maybe 80K end of this month till begin April. 70K explained : Why I think that we will break 70K is because this month coinbase Ipo goes live , and it is big ! , 2, Tether is printing enough money each day! 3, stimulus check worth of $1.9 trillion 💣 80K explained : If coinbase launch it’s own coinbase token 🪙 we could see btc above 75K begin april and maybe we could rise up to 80K , we all know that if coinbase launch their own token it will be big and with their coming coinbase ipo things will Explode 🤯 . Cheers 🥂 I see you next time guys ⏳
BITTREX:BTCUSDLong
by Rae_Crypto
2
$RBLX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Roblox is an online gaming platform created in 2004, allows users to design and create multiplayer games and share them with friends and other users. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $74,00; stop-loss — $60,00; take-profit — 116,00/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:RBLXLong
by KozakHlib
3
RBLX IPO (ROBLOX CORPORATION)Roblox is an online gaming and entertainment platform for a shared digital experience that brings people together through play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio. The company is backed by Altimeter Capital, Dragoneer Investment Group, Investment Group of Santa Barbara, and Warner Music Group. The San Mateo, California-based company was established by Erik Cassel and David Baszucki in 2004. Roblox Registers With SEC for $1 Billion IPO Video game company Roblox has filed a registration statement with the Securities and Exchange Commission for an initial public offering of $1 billion of class A common shares. The company, which also offers a platform for creating games, is seeking to list its shares on the New York Stock Exchange under the symbol "RBLX."
NYSE:RBLX
by MavRich_Trading
1