Hook

What do you think about SpaceX going public? SpaceX and Anthropic, going public. OpenAI is going to go public. What do I think? Listen, I'm not a big IPO player. I usually waited to wait for these companies to form a base and then see the price action after. I want to see a base form because after an IPO or anything out there after an IPO is too volatile to understand how well the company's doing. The stock market is a supply and demand market, right? Now, if you throw in three big names into the whole playing field, what's going to happen is money's going to move from existing equities right now. It's going to have to move from one into them. And that's going to pull demand away from my positions, which could cause price decreases. Could cause them to go down. That's when I'm looking at. I'm not even paying attention to me buying and Anthropic, OpenAI, SpaceX. That's a separate thing. I wait for them to form bases. It could be months after IPO even before I consider them. What I'm more worried about is how it's going to impact my portfolio of other stocks that I'm doing well right now. Is it going to be a big impact because it's going to suck demand away?
Their other posts in the index, biggest breakout first.