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django1ord

$5.15M

Jun 11

Chime neobank $CHYM
Anyone looking at this IPO tomorrow morning? Market has been friendly and Chime has 10x oversubbed demand. Chime was valued at $25 billion in 2021 but is now coming out at $11 billion. https://seekingalpha.com/news/4456636-chime-financial-ipo-demand-blows-past-share-supply-ahead-of-pricing
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Jun 11
I don’t follow fintech as much — especially in the IPO space. But this one looks interesting. Fintech has been beat up the last few years but Chime could be a good value play. If one can grab shares at the opening in the mid $20s, it appears to be a very discounted value ($9B) from the previous $25B valuation given to this company in 2021 during the last fundraising round. I’ll take that gamble if I can pick up a position under $30. Thanks for the heads up.
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Jun 12
How can I buy?
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Caught it as well looking for a good entry
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Ok here we go, big up day as people bargain hunt. Don’t like the volume but will take the green day! Let’s go $CHYM !!