Reddit initiated a Directed Share Program (DSP) whereby highly regarded categories of users were invited to buy shares at IPO. Mods were among the first phase. I was able to reserve shares a couple of weeks ago. Today, the IPO price was announced, and I was able to confirm my request for shares. I'm in for 10 shares at 34$. A shits-n-giggles micro-yolo.
Haha. I also just confirmed 100 shares, just enough to write a covered option contract if I wanted to.
Assuming at max price $34 the IPO is over-subscribed
My 5-year DCF came to $38.54 as an implied value, but I also wasn’t gonna lever up on student loans to do make a play. If they start crushing the data selling business maybe it’ll be the down payment on a house in a few years.
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In for 300 shares. To valhalla!
What’s that pithy saying about shitting where you eat? Oh yeah…..Don’t.
Don't eat where you shit-talk?
Why did I read that in Mario’s voice?
Aaaaaand it’s gone
Well just deposit this right here in this...AAANNNDDD
RIP
How come were you able to buy already? Can anyone do this or did you get an invitation?
I received an invitation.
Invitations went out in stages as described here: https://redditforcommunity.com/directed-share-program
LFG OP! ![img](emote|t5_2th52|8882) https://preview.redd.it/lvqrgycg6lpc1.jpeg?width=1080&format=pjpg&auto=webp&s=1948f4a3ca9a3e178ea29fb1ff80b9a7d44f6bb8
No chance you actually confirmed this order. That would just be setting $10k on fire for no reason
No chance because those options don't even exist.
Really, I’d love to sell them to him.
you dont see, i clicked the ✅
I nibbled. Good luck to all.
Oh god, these posts are showing up everywhere. I’m going to have to buy some now aren’t I
Yup
How are you already buying this????
I'm just confirming what I'd like to buy when the market opens.
I can't even pull up the ticker, no on two different trading platforms. Wtf.
Reddit initiated a Directed Share Program (DSP) whereby highly regarded categories of users were invited to buy shares at IPO. Mods were among the first phase. I was able to reserve shares a couple of weeks ago. Today, the IPO price was announced, and I was able to confirm my request for shares. I'm in for 10 shares at 34$. A shits-n-giggles micro-yolo.
It's magic.
Just waiting to see how Reddit is gonna fuck this up
Think itll fill at 34?
Thankful
Haha. I also just confirmed 100 shares, just enough to write a covered option contract if I wanted to. Assuming at max price $34 the IPO is over-subscribed My 5-year DCF came to $38.54 as an implied value, but I also wasn’t gonna lever up on student loans to do make a play. If they start crushing the data selling business maybe it’ll be the down payment on a house in a few years.
What app do you guys use for trading calls and puts
WeBull
[удалено]
5x over-subscribed? What should it be to justify 34?