this post was submitted on 26 Dec 2023
1389 points (98.0% liked)

Technology

59390 readers
2519 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
1389
Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)
submitted 10 months ago by [email protected] to c/[email protected]
341 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 10 months ago

They are not going to let a random retail investor naked short an IPO on the IPO day. There's no way you will be able to exit your trade fast enough if it rockets up (in minutes). You actually need to tell the brokerage about your trading experience to be approved for riskier assets and trades.

If you are approved, you will probably need to wait beyond the IPO date. It's too volatile.