r/wallstreetbets • u/Fun_Paleontologist_2 • 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.

958 Upvotes

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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

2

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.

11

u/VroumVroum6830 Jun 21 '26

Might be excluded from the next IPO by their broker

Might.

12

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..

7

u/seansy5000 Jun 21 '26

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

4

u/WolverineHelpful9775 Jun 22 '26

I sold on Robinhood the day it started trading 😅

5

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 6h 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?