This morning crypto platform Bullish (BLSH) raised their IPO size from 20.3mm to 30mm with the price range raised from $28-$31 to $32-$33. Now: *BULLISH IPO IS SAID TO BE WELL OVERSUBSCRIBED AFTER UPSIZE Ducks. Are. Quacking.
Replies
All time great ticker symbol.
aug 11, 2025, 3:38 pm • 0 0 • view
aug 11, 2025, 4:04 pm • 0 0 • view
What does that expression mean?
aug 11, 2025, 3:28 pm • 2 0 • view
Ok so maybe it’s a play on if it sounds like a duck and wick’s like a duck then it’s a duc So in this case is duck=a robust ipo market? Or maybe peak crypto? That’s the best I got
aug 11, 2025, 3:31 pm • 0 0 • view
Is that good?
aug 11, 2025, 3:28 pm • 0 0 • view
I will continue to argue that the volume of IPO’s is the signal rather than the performance of any given deal.
aug 11, 2025, 4:04 pm • 3 0 • view
I mean, it's not "any given deal", it's a parade of these things!
aug 11, 2025, 4:06 pm • 2 0 • view
Show me the volume vs 2021 and maybe I’ll agree.
aug 11, 2025, 4:07 pm • 0 0 • view
The equal-weight S&P 500 is up 4% YTD. Small caps are flat. You know this.
aug 11, 2025, 4:08 pm • 1 0 • view
The way you get more IPO volume is you have a parade of deals that are way oversubbed and moon. I'm just focusing on a leading indicator rather than a coincident one.
aug 11, 2025, 4:08 pm • 2 0 • view
Also IPO issuance is up 62% versus this point last year, and we're trending above any year other than 2019-2021 (only 9.5% below 2019 on that basis). There is absolutely a noticeable increase in IPO activity, IDK why it's even vaguely controversial to observe this.
aug 11, 2025, 4:12 pm • 4 0 • view
Oh, activity is certainly up, not arguing that.
aug 11, 2025, 4:13 pm • 1 0 • view
Wall Street adage. "When the ducks are quacking, feed them" It's a reference to the idea that strong demand is met with new supply of risk; demand begets supply. Important for understanding the current sentiment of markets (which is currently, uh, frothy).
aug 11, 2025, 3:36 pm • 47 6 • view
Ah, thank you!
aug 11, 2025, 3:49 pm • 1 0 • view
Come on, Bull-ISH? Come on, man.
aug 11, 2025, 3:28 pm • 1 0 • view
Can you tag me if bear season ever decides to show up ?
aug 11, 2025, 7:41 pm • 0 0 • view