Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

popsdenver

(2,813 posts)
13. These "IPO" stock offerings are fascinating........
Fri Jun 12, 2026, 12:53 PM
Jun 12

As I have witnessed, only the UBER rich clients are allowed to buy the IPO stock...........

Sooooo, classically what happens is, they are allowed to buy the stock at the opening price that is established........In this case....135?/share
The price always goes up radically in the first 2-3 hours, and then usually goes down. The UBER rich clients buy however many shares they have been "allotted" at the opening price, then sells three hours later before the peak, and before the price starts to retreat......
In this case they buy at 135 a share, and if they get out at 160 a share, they make approximately 20% on their investment in THREE HOURS......

Cute, huh.........

Recommendations

0 members have recommended this reply (displayed in chronological order):

Only goal left is going to Mars Pinback Jun 12 #1
Werner von Braun called the guy, the "Elon." Kid Berwyn Jun 12 #4
Ditto this: Alice B. Jun 12 #2
For some reason, Elon liked Epstein a lot. Kid Berwyn Jun 12 #7
What's that saying about the company people keep? Alice B. Jun 12 #25
bet Drumpf & family got hkp11 Jun 12 #3
They need WSWS Kid Berwyn Jun 14 #33
Fucking disgusting. He belongs in prison. Initech Jun 12 #5
Barf Andy Canuck Jun 12 #6
Wow, damn! Polybius Jun 12 #8
... littlemissmartypants Jun 12 #9
NASDAQ says trading delayed on SPCX James48 Jun 12 #10
These "IPO" stock offerings are fascinating........ popsdenver Jun 12 #13
Ain't meritocracy grand? Midnight Writer Jun 12 #11
No they are not. And I would like to tell them where they can shove 1 trillion dollars. Initech Jun 12 #20
Yuck. efhmc Jun 12 #12
This just ain't right...... Bayard Jun 12 #14
Especially by GDP EX500rider Jun 12 #21
Quants are crunching the numbers, you can still pay $174 for a $63 company bucolic_frolic Jun 12 #15
OK, now he can die a happy man liberalgunwilltravel Jun 12 #16
When DOGE trials come along purr-rat beauty Jun 12 #17
DOGE was a scam and a pyramid scheme. Initech Jun 12 #19
Well hell Eloon, I'm so glad to pay taxes to make YOU a Trillionaire. Bengus81 Jun 12 #18
now billionaires will feel inadequacy Skittles Jun 12 #22
Hand me a pitchfork and pliers. Kid Berwyn Jun 14 #30
At least Elon is using it for Good LessAspin Jun 12 #23
What's he going to spend his money on besides Ketamine and politicians? Yo_Mama_Been_Loggin Jun 12 #24
Child support........ Red Mountain Jun 12 #27
I say he should be the world's first headless trillionaire Blue Owl Jun 12 #26
A noble idea. Kid Berwyn Jun 14 #31
This is an old video. LudwigPastorius Jun 13 #28
The only good thing about the movie Prometheus Orrex Jun 13 #29
This guy? Kid Berwyn Jun 14 #32
Latest Discussions»Latest Breaking News»Elon Musk becomes the wor...»Reply #13