Chewy.com IPO
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Thread: Chewy.com IPO

  1. #1
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    Default Chewy.com IPO

    IPO this AM @ $22, now @ $38

    Keep buying!
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    Skills can be taught. Character is either there or it's not!

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  3. #2
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    Quote Originally Posted by Marvin S View Post
    IPO this AM @ $22, now @ $38

    Keep buying!
    I see it opened at $36 and closed at $34.99. Who gets in on the IPOs at $22? It is interesting that Chewy is loosing money.

  4. #3
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    Quote Originally Posted by DL View Post
    I see it opened at $36 and closed at $34.99. Who gets in on the IPOs at $22? It is interesting that Chewy is loosing money.
    Preferred retail customers.

    Most of the IPO money went to PetSmart who owns a significant portion of Chewy.
    When it goes bankrupt PetSmart will buy it out of bankruptcy & keep the IPO money.
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    Skills can be taught. Character is either there or it's not!

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  6. #4
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    Quote Originally Posted by Marvin S View Post
    Preferred retail customers.

    Most of the IPO money went to PetSmart who owns a significant portion of Chewy.
    When it goes bankrupt PetSmart will buy it out of bankruptcy & keep the IPO money.
    Was there a lockup, and if so what is it.
    If not I'd take my money and run and be bailing out of this dog ASAP


    I would doubt that any retail customers got in on the IPO.

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