[New post] ‘Arm’ Stock Was Close To Its $51 IPO Price Today — So, I Had To Buy Some.

admin posted: " by Anura Gurugeon September 21, 2023 Click to ENLARGE. Base image from 'marketwatch.com'. I had a fairly good hunch that the markets would take a much needed breather after the Fed decision on Wednesday. They did, both Wednesday afternoon &" Anura Guruge 'Arm' Stock Was Close To Its $51 IPO Price Today — So, I Had To Buy Some. admin Sep 21 by Anura Guruge on September 21, 2023 Click to ENLARGE. Base image from 'marketwatch.com'. I had a fairly good hunch that the markets would take a much needed breather after the Fed decision on Wednesday. They did, both Wednesday afternoon & today -- exactly as I had expected & hoped. I had been keeping an eye on ARM given that I did NOT get an IPO price share allocation. I also had a hunch that ARM would drop below (or get close to) its $51 IPO price this week -- IF there was a market downturn. There was a market downturn & ARM did fall into the $51/$52 range. I traded some AMZN options & used the proceeds to buy some ARM. I want to build up a decent position in ARM. I have known ARM for a long time. I have had a LOT of success with NVDA & AVGO over the years. I think ARM will serve me well too. Comment Unsubscribe to no longer receive posts from Anura Guruge. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guruge.com/arm-stock-was-close-to-its-51-ipo-price-today-so-i-had-to-buy-some/

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