AmyNicOPAlex Vrublevskiy:
SOUN filed docs with the SEC stating that they reserve the right to sell up to $400M worth of shares in a public offer at any time. So basically anticipation of an offering that could be announced at any time from now until whenever the company feels like informing its investors they're about to be screwed.
Gmoneybag : Do you think 21 would be a good number to buy at?
AmyNicOP Gmoneybag: It needs to stay above 21. If it looks like it will fall below then no
柠檬。 Gmoneybag: Higher shipping, not suitable for purchase
AmyNicOP 柠檬。: I sold this last week
柠檬。 AmyNicOP: It's fine if the IPO makes a profit; it's not suitable for long-term profit
AmyNicOP 柠檬。: Agreed. This was fueled by hype. Definitely not a long term investment at this price.
柠檬。 AmyNicOP: Yes, I didn't expect you to be responsible
Alex Vrublevskiy : hi AMY do you know by any chance why SOUN stock falling hard?? thanks
AmyNicOP : $SoundHound AI (SOUN.US)$
AmyNicOP Alex Vrublevskiy: SOUN filed docs with the SEC stating that they reserve the right to sell up to $400M worth of shares in a public offer at any time. So basically anticipation of an offering that could be announced at any time from now until whenever the company feels like informing its investors they're about to be screwed.
View more comments...