I’ve bought a bunch of IPOs. If your broker offers shares, you need to register your indication of interest. Then you get an email the night before the IPO to confirm pricing. You aren’t guaranteed to get the shares or a portion of your requested allocation. Then you have to hold them according to the terms or if you sell they may take you off future IPOs. Fidelity has a three strike rule before you get banned.
Rule of thumb for me is if I can get access to shares of an IPO then I don’t want them lolI read I had to hold 30 days before selling or I get banned. Considering I have never bought an IPO I am not too worried about future trading.
IF a stock is tanking I will sell.
Can I simply buy through a different broker?
It’s a good point LOL…I’ve had mediocre success with the IPOs I’ve actually requested and gotten. It’s the ones I requested and didn’t get that have performed the best.Rule of thumb for me is if I can get access to shares of an IPO then I don’t want them lol
Fidelity is usually 15 days before it’s considered flipping.I read I had to hold 30 days before selling or I get banned. Considering I have never bought an IPO I am not too worried about future trading.
IF a stock is tanking I will sell.
Can I simply buy through a different broker?
Always seems to be a good idea to let the dust settle before buying.Rule of thumb for me is if I can get access to shares of an IPO then I don’t want them lol
Cyber stocks already went to the moon! Amazing run (and well deserved).Cyber stocks down this morning due to ZS reporting mixed results.
Been on a great run though.
Reminded me of this quote:Rule of thumb for me is if I can get access to shares of an IPO then I don’t want them lol
LOL! I just noticed that ZS is down 32%. How bad was that report?Cyber stocks down this morning due to ZS reporting mixed results.
Been on a great run though.
Good thoughts on SPACs. I bought CEPT, but only 1/4 position, so I can add after the merger is completed. I also added XNDU and INFQ to my YOLO stock basket.I did buy a small amount of CARL CEPT is a SPAC and my experience with SPACs has been to not touch it until all the shares have been distributed. There is tremendous dilution that happens with SPACs when they start trading. SOFI was a victim of it for a long time.
Wapner described it as good, but not good enough to meet expectations.LOL! I just noticed that ZS is down 32%. How bad was that report?
I was down slightly for the day due to CRWD and PANW, but nicely in the green in extended.Now up 33%!
Still room to go upF looking good
Following TSLA’s lead into energy storage.
MRVL currently up 3%.MRVL was down 4.5% during market. Up 8ish% at one point in extended on earnings, but up now around 1.76%.
This all on the heels of a 150ish% run off March lows.
SNPS also down a little on earnings.
Need to see what the Linkster says about these earnings as I followed her into each.
Seems the software trade is split. If the company is a data play = good. If the company is collaboration/orchestration/other = likely bad.I have MDB up 10%. Probably riding the coat tails of SNOW.
CEPT is becoming one of my largest spec plays. If I was not so risk averse I would be buying hand over fist based on tokenization potential. But I’m a bit weary of the pre-merger period as anything can happen.Good thoughts on SPACs. I bought CEPT, but only 1/4 position, so I can add after the merger is completed. I also added XNDU and INFQ to my YOLO stock basket.![]()
SMCI is like a coiled spring. If people look past the scandals, it can run up another $10 without any problems
SMCI should go up quite a bit from here.SMCI is like a coiled spring. If people look past the scandals, it can run up another $10 without any problems
Calls or shares?SMCI should go up quite a bit from here.
10% in reg market. Tack on an additional 24% in extended.MDB ripping after hours on earnings!
Calls or shares?![]()
I’ll check this out tonight and make some moves tomorrow. BTW, I have 15 long call positions and all were up today. LOL! Thanks for all the encouragement to learn about options!Both. HPE reports on monday. Maybe time to buy that one as well
S and ZS always underperform!I have S laying an egg in extended
Can’t all be winners.
Malcolm Ethridge, who seems pretty solid on the halftime said ZS selloff was a big over reaction. He bought it.S and ZS always underperform!
The market is finally differentiating the software stocks that are going to benefit from AI versus replaced by AI.PLTR up 8% today. $144
Long PLTR and short CRM!The market is finally differentiating the software stocks that are going to benefit from AI versus replaced by AI.
After looking at ASTC's $24m market cap, FJET's $293 looks daunting.Bought ASTC at lunch and 20 min later trading halted. Think I was up like 110%!
FJET next spec to pop?