I got into GOGO literally one day too soon a week ago. The day after I bought it, Boeing started dragging it down. My loss. Y'all's gain. Fortunately, I went with half of what I wanted to put into it just in case I could buy the second batch lower. But one of you lucky bastard so will start with a lower cost basis than me. Who's in?
Hope you held on to some... and thanks for the tip- I just unloaded my 50 shares for $2100 profit in 3 months. I feel like such a parasite.
I know it's not smart investing, but I just can't get over my personal hatred of the company...was always intending to hop out.
I don't know what the issue you have with them but any company that's not Purdue or Monsanto, I can pinch my nose and buy the stock if I think it's going to passively make me money. My biggest holding was Disney until Uber blew up in my portfolio.
Can you explain in simple terms how something that has consistently bled millions and millions of dollars since it's inception can suddenly be worth billions in an IPO?