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Zama will be listed tonight. Given this market situation, it's impossible for anyone to buy. I have money, but I won't buy the dip; I'll buy the dips mainstream stocks, I'll buy the dips junk VCs.
Even the pre-market hype couldn't hold up; what will happen if the market really crashes? Mutual funds are on their own. If the project teams don't provide funds for market making, we'll probably see more protests on Twitter.
If they don't actively market-make during the pre-market public offering when they should be doing so, they're even less likely to do so at the open; they'll just be moving on to the next one. 😅
Mr. Mai has already short a fortune by shorting the market before it opened.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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