VFS - Playing with EV falling knife?

Electric Vehicle maker VinFast only started trading in mid-Aug 2023 - less than 3 weeks ago. Shares have traded at between $9.11 and $82.35, with the high being at the start of this week. Shares now at $34-ish. I know there is common advice to avoid IPOs during the initial months.

The VFS price plunge was too tempting. I nibbled on VFS yesterday