Coinbase IPO ... A Unicorn's Dream???

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The Coinbase IPO is coming in the next few weeks.  While no official IPO date has been set, the stock appears to be primed to take Wall Street by storm in early March.  With interest peaking in companies like Beyond Meat (BYND), Uber (UBER), Draftkings (DKNG), and Grubhub(GRUB); Coinbase is the kind of company Unicorn dreams are made of. With it’s fast growth stratagy, large capital reserve, and potential to buyout other companies, Coinbase, has the potential to be the biggest Unicorn in Fantasyland. This stock has all the makings of a baby blue chip. While insiders are jumping all over a secondary offering price of around $300 a share, I expect this company to hit the market on IPO day at around $350. 

For those new to the cryptocurrency world, Coinbase is a digital currency exchange headquartered in San Francisco, California, United States. They broker exchanges of all the notable cryptocurrencies like BitcoinBitcoin CashEthereumEthereum ClassicLitecoin and many many more.  Coinbase serves about 32 countries, has over 13,000,000 users, and generates about 1 billion dollars in revenue per.

So this leads us to our next question.  Will Jeff from InvestmentMob.com be buying Coinbase when it starts trading publicly? The short answer is…YES!!! While I ordinarily like to pick and choose my entrance points in stocks, in my opinion, Coinbase has the potential to be the strongest IPO in recent history.  I will be buying on the IPO Date, and then strategically making a few more buys at later dates as to scale into the position.  Remember, it is always important to keep your cool and not get caught up chasing a position.    

Happy Trading,

Jeff from InvestmentMob