Im dumping all my savings on SpaceX wish me luck
>>62353659Stay in it for years, brother
>>62353659fucking why? aren't you bidding on 4% of the float or some shit, this is just like a VC shitcoin pump and dump
>>62353659SPCX will absolutely pump, you need to understand, anyone who dumps stocks on day of IPO will be banned from future IPOs from various platforms for a period of 30 days to 6 months. imagine not being able to participate in anthropic or openAIs IPOs for later in the year. this will be no supply and tons of demand
Eagerly waiting to see that I was allocated an entire 3 shares
>>62353815but we know roughly when the dump will happen. We'll see the initial frenzy from retail, then in 15 days retirement accounts that track most indices (other than the S&P500) will be forced to purchase, then a few days later 20% of insider shares will be unlocked with an additional 10% if the stock performs exceptionally well.Combine that with the high demand and that retail investors are penalized from future IPO investment if they sell with 15/30 days (depending on broker), there's really no reason for the price to drop within the next 3 weeks. After that it's probably not a bad idea to drop it before the rug pull happens. But the rug pulling can't happen until the insider lockout ends.