4 ms·
Correct me if I'm wrong, but the bulk of the existing stakeholders are severely limited in what they can sell over the first, what, 3-6 months, beyond the share
by linsomniac 3y ago
Correct me if I'm wrong, but the bulk of the existing stakeholders are severely limited in what they can sell over the first, what, 3-6 months, beyond the shares that are part of the IPO.
- Pigalowda 3y agoI believe you’re right but my hypothetical is that it won’t have some Robinhoodesque IPO but that it falls in an inevitable but unpredictable short to medium interval. Long enough for me to want more gains if i invest but short enough for me to lose everything because I can’t time it right. Stoachastic if you will. A proper microtubule disassembly that leaves me with my little worthless tubules. Tulipules?
- SnorkelTan 3y agoAFIAK, preferred shares (the ones investors buy) typically aren't subject to a lockup once they convert to common stock. They usually don't dump right away since they don't want to tank the market unless the company is actually dogshit and they're pawning it off on a bigger fool.