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Further Discussions => Trading (Not crypto) => Topic started by: admin on December 19, 2018, 05:50:45 PM

Title: SFTBY - What do you think of the Softbank Stocks ?
Post by: admin on December 19, 2018, 05:50:45 PM

SFTBY dove 15% in Tokyo on Wednesday, their first day of trading.
But what do you think long term ?

https://edition.cnn.com/2018/12/18/business/softbank-mobile-ipo/index.html

Title: Re: SFTBY - What do you think of the Softbank Stocks ?
Post by: Munareal on January 24, 2019, 01:09:48 PM

The SoftBank stocks is a good investment because its IPO was done at atime when stocks were down and it was able to raise $23.5 billion. There was strong demands for the stock from investors that SoftBank had to increase the number of shares it was selling. This is becuase of  the 5% dividend on the stock. SoftBank is a global tech industry and its stocks will definately do well on a long term