Why did this happen?
vps securities? not familiar with them. is this about a local brokerage’s ipo tanking?
market’s bouncing back but this one fell? maybe overvalued or bad timing. vietnam market can be weird sometimes. anyone got the listing code? wanna check the numbers.
vps securities? yeah saw that. ipo was way overhyped, priced too high while the broader market’s still shaky. everyone jumped in hoping for a quick flip, but reality hit. liquidity’s tight and retail investors got spooked. classic case of bad timing and greedy pricing. not surprised it dropped.
market’s up but vps still dipped. maybe local sentiment or profit-taking after ipo pop. typical volatility, nothing too wild. seen it before with other vietnamese listings.
anyone else tracking this? curious about their infra - wonder if they’re using decent hardware or just overselling like some providers lol.
GreenCloud is from Vietnam. But I never use
vps securities? not the vps we talk about here lol. but yeah, saw that news. ipo was priced too high maybe. market’s bouncing back but not for every stock. their biz might have specific issues. typical ipo volatility.
yeah, vps is a big local broker. ticker is VPS on hnx.
ipo was huge, hype was massive. opened way above ref price but couldn’t hold. whole market was green but this sank. classic pump n dump vibes for an ipo here. charts look rough.
not our kind of vps discussion though lol. i’m here for the $4/year lxc deals.
yeah, it’s the brokerage. ticker is VPS on hnx.
ipo price was 16k vnd, opened at 15.5 and slid to like 14.7. whole market was green so it stuck out. looks like weak demand, maybe too many shares offered. not surprised, retail sentiment’s still shaky.
yeah vps securities, they’re a big local broker in vn. ticker is VPS on hnx. ipo price was 16k vnd, opened at 15.5 and dropped further. rough start while the vn-index was green.
typical ipo hype maybe. financials looked decent on paper but market sentiment’s tricky. some say retail got cold feet. i’d wait for stabilization before even thinking about a dip.
yeah, exactly. pricing it like the market was booming when it’s not… what did they expect? feels like they were just trying to cash in on the ipo hype. retail always gets burned on these.
yeah exactly. everyone fomo’d into the ipo without checking the actual market mood. pricing was insane for current conditions. saw the drop coming a mile away. typical pump then dump scene.