Key insights
- The author speculates on the potential IPOs of Anthropic and SpaceX, anticipating high valuations and initial price surges driven by retail investor FOMO. They predict a subsequent price decline after the initial hype, suggesting a cynical view of Wall Street's potential exploitation of retail investors. The overall tone is bearish on the long-term prospects for retail investors participating in these IPOs.
Anthropic is likely going to be the biggest IPO ever (unless you're an Elon fan and think SpaceX will get that honor). They are valuing Anthropic at 800 Billion, and by the time is actually gets to market, 1 Trillion isn't a stretch. With both Anthropic and SpaceX, if they really care to get the retailers in, they will have to price is friendly...you know, the usual $40 or so per share. They'll talk about that for awhile, but of course you and I know damn well that when we little shits get to actually trade it, they will be $80+ at the open. You'll sit it out waiting for all the morons to buy the highs. Maybe a week or month later, after that stock melts up to above $100, you'll bite when the selloff take it to maybe $70-$75?
And of course, the stock will continue to plummet to below IPO over the next several months (welcome bagholders!)
But the above scenario happens with EVERY stock. Will the Big Boys play a different game with Anthropic and SpaceX? I'm thinking, how about announce the price at $80, and then open at $200? Think that will get the sheep to herd in? I think so.
It's a faster way to make money on the FOMO and YOLO nitwits these days. Don't make the pain slow, Wall Street. Hurt us harder than that. You know you can do it.