TWO RECENT IPOS WHICH I TRADED AND INVESTED IN

SINGAPORE STOCKSDear readers, the US IPO scene has been getting so vibrant recently and I believe it is a good opportunity to invest in those US stocks which has a proposition that you believe in at near IPO prices. Yesterday, there were a number of US IPO stocks debuted on the US stocks exchange from which I am interested in two names, they are:

1) Fastly

2) Luckin Coffee

And thus, I spent the bulk of the night yesterday trading and investing into these two stocks.

For Fastly, an IT web company which offers the speedy internet services, I did a contra trade and was proud of a four-digit profits done contra overnight.

As for Luckin Coffee, the performance of this often-touted challenger to Starbucks was not really a good one as the stock price first went north before heading down. I bought the stock at one of the lowest price points for yesterday but it was not the lowest. However, the position was a small one as I just wanted to hold on to a stock which gave me the thrill of holding to an equivalent of Starbucks meet Grab meet technology. Beside, I am a coffee lover too, haha.

As a caveat, never speculate in IPOs. I know what I am doing where it comes to trading in IPO as I have done considerable research online to zoom down to what I am buying. Have a Good weekend!

STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


Popular posts from this blog

HOW DOES A MINIMALIST LIFESTYLE SAVES YOU MONEY?

YEAR 2008 GREAT FINANCIAL CRISIS: LESSONS LEARNT

BREAKING THE ROUTINE: EXPLORING THE CAREER STAGNATION PHENOMENON

WHAT ARE THE COMMON SIGNS OF A STOCK MARKETS CORRECTIONS?

HOW SHOULD INVESTORS PREPARE FOR THE NEXT STOCK MARKETS CRASH?

RISK OF FOREX INVESTING VERSUS STOCKS INVESTING

WHICH STOCK SECTOR IS THE NEXT MULTI-BAGGER?

HOW TO PREPARE FOR THE NEXT POSSIBLE STOCK MARKETS CORRECTIONS NOW?

10 COUNTRIES WITH THE HIGHEST NATIONAL DEBT

WHAT TO DO IF YOU ARE NOT PROMOTED?