To those who got the Reddit/MorganStanley email... Are you gonna do it? - eviltoast

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.

  • Hello_there@kbin.social
    link
    fedilink
    arrow-up
    15
    ·
    8 months ago

    Put your entire savings in. Then open up a few credit cards and take out as much cash of them as possible. Put it all into one stock. Then be confident that you’re smarter than everyone else and will sell at just the right moment, and much smarter than the people shorting the stock.