| JEFFRY TURNMIRE
ARM's IPO: A New Chapter in Tech Investing (and why you should skip it)
Today marks a significant milestone in the tech industry as ARM, the renowned semiconductor and software design company, launches its highly-anticipated IPO (Initial Public Offering).
Investors and market enthusiasts have been eagerly awaiting this day, and the buzz surrounding the event is electric.
ARM has set its sights on a share price range between $47 and $51. However, it's worth noting that many insiders have already secured their positions at lower prices.
This could potentially lead to selling pressure right from the outset, as these early investors look to capitalize on their advantageous entry points.
What makes this IPO particularly intriguing is its unconventional nature. Unlike typical IPOs where the majority of investors are neutral entities, many of ARM's backers are its direct competitors.
Names like NVDA and AMD — giants in the semiconductor space, which are also ARM’s direct competitors — have a stake in ARM. This unique dynamic adds an extra layer of complexity to the IPO and could influence its trajectory in unexpected ways.
Not to mention that the whole industry will likely follow suit if ARM takes off (or sinks).
For chart readers like myself, IPOs present a unique challenge. With no historical data to analyze, predicting the stock's movement becomes more of an art than a science.
It's like venturing into uncharted territory without a map.
The inherent unpredictability of IPOs is why I often steer clear. Instead of diving headfirst into the unknown, I prefer to rely on high probability scenarios.
Speaking of high probability…
One of my most trusted strategies has gotten me and my followers an impressive 59 - 0 track record. (That’s 59 wins with 0 losses.)
It's all based on a glitch I discovered in a pricing algorithm, and it’s been delivering us a steady stream of wins for the past 14+ months.
If you’re going to skip today’s ARM IPO… and you want to discover this high-probability setup, I have some exciting news.
Today at 1pm Eastern, I am hosting a LIVE session where I’ll share all the important details.
To join me, all you need to do is click here to register your spot.
Trade well,
— Jeffry Turnmire | | | | |
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