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.
From what I recall of the email, I’d need to share some PII with reddit (or at least share it with someone who could then pass it on to reddit). That’s a hard no from me.
That said, I might throw a little bit of money into trying to short their stock via my existing brokerage account. Partly because I’m sure their stock price will drop like a stone. Partly just for the lols. Andy partly because fuck reddit.