Asking because I got it and I’m not really sure what to do. So, I wanted to see what strangers on the internet are going to do.

I don’t have an existing e-trade account and I’m not super excited about creating one for the singular purpose of this IPO. But, if I can quickly make a couple of bucks and then cash out, that might be worth it.

Are there rules to when you cash out if you get in at the IPO price? Could I buy-in at the $30-ish/share price and couple that with a trailing stop-loss order? Maybe this isn’t the right Lemmy community to ask this, but I figured I’d give it a shot.

  • fiat_lux@kbin.social
    231·
    8 months ago

    Why would I give them a vote of confidence with my money so that they can use it to convince investors that they’re popular and they should pony up a billion dollars for Spez’s pay?

    They’re relying on gullible people who think either Reddit is legitimately a good investment or gullible people who think they can beat the market and won’t be left holding the bag. I’m nobody’s bag holder, let alone Spez’s.

    if I can quickly make a couple of bucks and then cash out, that might be worth it.

    Said every gambler ever.