Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
Right i mean, its not surprising given what the stock has done that insiders would want to monetize some of the extraordinary gains. I cant quite tell how much is insiders any Stock Associated with Insider Selling is fine. I dont know what price its going to get done exactly. Still, its just enormous from where it was it hit 80 and then went down to 40 its been a crazy ride i dont blame them for wanting to take money off the table but i wouldnt be a buyer on that offering. It allows insiders the sale of up to 53. 4 million shares so we knew this is happening in fact, some analysts said this is a ticking time bomb hanging over investors, yet we are seeing an outsize impact on the shares on a day when neo gets rated a sell over Goldman Sachs because of the run weve seen an enormous run over the entire space here. Yeah. Even within the auto, hydrogen fuel, the entire space has been a place where momentum traders have been chasing momentum theyll also be chasing on the way out. Weve said f
Enough, managed to stop spread of fire, extinguishing, reconnaissance, no preliminary casualties, bringing under control. The cause of the fire could have been a broken power line, the head of the republic alexey tsedenov announced this on his telegram channel, and the spread of the fire was facilitated by dry grass and a hurricane wind of more than 30 m s. And here is the comment from the prosecutors office. Prosecutors office of the republic of buryatia. In connection with fires in the city of ulanu and its suburbs, a check of the legislation on emergency situations was organized, during the check the reasons will be established fires, the guilt of persons in the fires has been established, and if there are grounds , prosecutorial response measures will be taken. In the coming hours, the weather in ulanoda may change, the wind will subside, and there should no longer be such a threat of new. Fires. This is the forecast the weather forecasters give. Tomorrow, the baikal region, like t
Announced the hospitalization of three police officers, clashes continued all last evening, stones, bottles, and other objects were thrown at the police, participants in the action against the law on enogenous agents threw eggs at Law Enforcement officers, tried to blind them with laser pointers, after the situation seemed to have stabilized, reports began to come again that special forces were trying to disperse demonstrators from the parliament building, at the same time the president of the country calls on the head of the ministry of internal affairs to immediately. Stop the dispersal. Doctors provide assistance to victims, as local media report, during a brawl. The chairman of the countrys largest opposition party, livan khabieshvili, was also injured. Let me remind you that on tuesday afternoon , georgian deputies began considering the law on new agents in the second reading, and they plan to vote for it today. In bryat, a large fire in the private sector in the suburb of ulano d
A fractured neck and swelling and bleeding in her brain. I ran up here, and she was laying literally where im standing and it was about stove ten people outside. Bus was sitting right there, and she was laying here in pain, i couldnt move her set witnesses may be the key to finding whoever is responsible. According to the Police Report, one witness told investigators there were two women in the gray car and even provided a license plate number. Whats more outrageous that according to the witness, the passengers got out of the car, checked the damage to the vehicle, got back in, and they took off. When i got out the first thing i see my baby in the street, she was laying there screaming. And crying. Because shes hurt. He just left her there. Reporter her daughter is a fourth Grade Student who gets straight as and recovering at childrens hospital. Whoever was behind the wheel should turn themselves in what kind of person leaves a child in the street and waited for everyone else to call t