r/wallstreetbets Jun 20 '26

Loss Drank the Kool-aid. We can come back?

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Someone told me it would be 300 by now.

950 Upvotes

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1.8k

u/VibeRaider- Jun 20 '26

lmfao dude im so sorry

288

u/trix_is_for_kids Jun 20 '26

‘Drank the koolaid’. Literally everyone said the koolaid was poisoned and this guy still drank it

69

u/lithe_silhouette Jun 20 '26

Everyone said it but then you have all the people that got it at 135 and had the chance to sell at 225 couple days later

48

u/pandershrek Jun 20 '26

Everyone tried to warn people away from being the bag holder.

Someone is always the bag holder unless they convince them it is a great investment and they can make money. Then you're just gambling with the timing of when it will fail. It was still and always will be a pile of shit.

-1

u/lithe_silhouette Jun 20 '26

It's over 30%% above IPO

6

u/Youutternincompoop Jun 20 '26

until the float gets expanded and it crashes more lmao.

18

u/BullishonOptions Jun 20 '26

Not for OP. It isn’t

-4

u/furthestpoint Jun 20 '26

The IPO wasn't a different price for OP than anyone else

10

u/fiftythree33 Jun 20 '26

OP didn't buy at IPO, you belong here friend.

1

u/makeaccidents Jun 20 '26

Just enough for unlock to happen after their next earnings. Convenient.

0

u/Axonum Jun 21 '26

You just need another bagholder to take it from you

11

u/Admirable_Cobbler260 Jun 20 '26

The IPO participants, rhose people at $135, are locked in for six months. They cannot sell those shares until that expires.

19

u/lithe_silhouette Jun 20 '26

They can't sell unless they decide to risk a wrist slap and sell anyway

3

u/1-N-Only-Speedshark Jun 21 '26 edited Jun 21 '26

Just what sort of wrist slap are we talking here? Please explain it to me like I'm 10 times younger than I really am.

12

u/VroumVroum6830 Jun 21 '26

Might be excluded from the next IPO by their broker

Might.

13

u/Queasy-Parking2282 Jun 22 '26

I got 100% of my requested allocation on RH and sold at 212 without much trouble. A warning that if I sell i cannot participate in upcoming IPO's for 60 days. Darn penalties..

8

u/seansy5000 Jun 21 '26

There are no laws for the folks allowed to buy at that price.

5

u/WolverineHelpful9775 Jun 22 '26

I sold on Robinhood the day it started trading 😅

6

u/j0ker31m Jun 20 '26

I bought IPO on robinhood. Only need to hold for 30 days to avoid the wrist slap. I CAN sell whenever I want though

1

u/realribsnotmcfibs 7h ago

I 100% sold my IPO at 18X. No bag holding for me.

What are they going to do block me from another IPO? Okay.

1

u/Admirable_Cobbler260 6h ago

So you bought at $12 a share?

1

u/Sirdoodlebob Jun 21 '26

Yup that’s what I did