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.
I got the email but I’m not a U.S-citizen so I’m not qualified.
Still, I wouldn’t bet good money on Reddit going up in value during the IPO. If you know something the rest of us don’t, by all means, do share.