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173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

Chat With Traders

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The Unusual Trading of the Facebook IPO

I didn't want to take this over the weekend. I felt like the easy trade was pretty much done. And then come Monday, I had a big drop and I missed the initial drop. But there was a lot of follow through. Even after I was a traded lower, it went lower by another couple of dollars in after hours. That reminds me of the Facebook IPO. There were millions of shares displayed on the bid at $40 and they just didn't want you to sell. It already got me thinking about Uber and what we're going to do with Uber.

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