Hacker News
points by RemoteIsHeaven 3 days ago | 0 comments
For all things good and holy, DO NOT purchase shares until things settle down and by that I don't mean next month, or next year but atleast 2028, IF you're doing so with the intention of enjoying an uplift.

I know it sounds and feels like the only trajectory of this company is up but HN is an echo chamber of a tiny minority of the technical populace and 3 out of 5 people on the planet don't know what ChatGPT is.

If you have the ability to lose all the money and can time the extreme volatility, have fun, but don't put anything you're going to rely on.

This is also one of the companies we will look back at 2046 and wonder what we were thinking.

[–] empath75 3 days ago
How do you know when the stock 'settles down'. Google stock _never_ settled down.
[–] RemoteIsHeaven 3 days ago
> How do you know when the stock 'settles down'

In hindsight.

> Google stock _never_ settled down

What do you mean? Are there periods of time you can point out that I can study?

[–] empath75 2 days ago
Yes you can look at the entire history of the stock. From IPO to today, there was never a time that you could buy it at a meaningful discount to the IPO price.