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you are right and I'm not sure why you are being downvoted.

Most of the 72$ shares sold pre-IPO to retail investors were dumped on IPO day to make a quick profit. The individual investors and employees that are still in LockOut are now holding the falling knife

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> Most of the 72$ shares sold pre-IPO to retail investors were dumped on IPO day

Why do you think any retail investors got shares at $72?

> holding the falling knife

That is... not how that metaphor works. You want to avoid trying to catch the falling knife by placing a trade that attempts to time the market on a plummeting asset. But if you already hold it, and can't make any trades, well...

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