Seems we are reaching to point where GF IPO will be deemed failed.
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If you actually look at when they made their transactions and then price a few days later…. They fd up a lot and literally lost out of millions. If they just held on for another day or two they could be a few million richer. Look it and you can make plots. Millions lost just because they didn’t wait 48 hrs. They are dummies who are clearly in over their head
Execs certainly cashed in on stock options and RSUs, from a GF exec point of view the IPO was a huge success because it padded their bank accounts.
As soon as shares touch $47 next week, it will confirm the assessment.
The $62/share suggests, otherwise, from the listed price of $47.
Waaaawaaaawaaaaaa….
Maybe not failed but definitely didn’t work out as advertised or how our leaders thought. This ties into other posts here which highlights they are just inept and very bad at business.