I had some friends who bought up shares in SFX when it went public. Now it's nosediving, the kiddie EDM bubble is about to burst and I love it.

http://www.forbes.com/sites/ryanmac/2015/08/24/the-fall-of-an-edm-empire-sfx/



cn: don't buy SFXE shares.

gut;1747034 wrote:futures up almost 4% in pre-trading....kicking myself for not paying attention and buying late yesterday

Market tumbled again today and I think they will continue to correct over the next few days. I didn't check the volatility index but its gotta be off the charts.

Automatik;1747089 wrote:I had some friends who bought up shares in SFX when it went public. Now it's nosediving, the kiddie EDM bubble is about to burst and I love it.

http://www.forbes.com/sites/ryanmac/2015/08/24/the-fall-of-an-edm-empire-sfx/



cn: don't buy SFXE shares.

IPOs are always a risky bet. Must have high risk tolerance to invest in those.

sleeper;1747115 wrote:Must have high risk tolerance to invest in those.

I always have a high risk tolerance when they are going up but start to question it when my stocks are going down.

sleeper;1747114 wrote:Market tumbled again today and I think they will continue to correct over the next few days. I didn't check the volatility index but its gotta be off the charts.

I think it was a good time to get in. It was actually up until the last hour, when the programmed trading usually kicks in. Barring more bad news, I expect mostly sideways trading for a while, until it suddenly and quite unexpectedly bounces back.

If the S&P gets below $180, I may dump $50k into the ETF.