Reddit chooses New York Stock Exchange for long-stalled IPO

ardi60@reddthat.com to Technology@lemmy.ml – 49 points –
ft.com
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IPO = Exit liquidity

This. It is so obvious that it literally causes me pain. Investors want their money back and their payout and the retail investors will be left holding the bag.

Sooo.... Short reddit and make billions? I only know what I learned from stonks back in the hayday

That would be the funniest end to Reddit. Going bankrupt because the superstonks people short their stock.

Oh shit. I'm tempted to check r/wallstreetbets lol

Yea, but then you have to go to Reddit.

Meh. Popped in using stealth on Android. Not even a mention of the IPO. Just like everywhere on there, it's just gotten more lame.

How do you short an IPO?

I think you'd have to do it the second shares start trading. Shares have to be available to borrow for shorting and there wouldn't be any for the public before trading starts.