No. of Recommendations: 2
If retail has been warned if you sell or flip the spacex ipo before say 45-60 days you will not see one share of another IPO, guess what most retail participants will do?
If funds and institutions know that if they sell or flip in less than 45 days, they will be shut out of future IPOs, guess what most will do?
IF you have a very small float they can open the stock as high as they want, there will be few sellers, right?
Liz Warren and others are out embarrassing themselves, again. Do they know what the SEC is? Do they know the role the SEC plays? Can the IPO be declared, effective, IF the SEC believes there is inadequate discloser?
The company and the underwriters use the sharpest securities attorneys on the planet, they don't save money hiring on lawyersRUS.com. ALL the required disclosures and RISKS are listed in the S1 filing.
So, all you can do is try to educate retail investors. IF you want to play the spacex deal, use limit orders.
The nasdaq 100 type funds must buy in the aftermarket regardless of price. SPY did NOT change their inclusion rules hence the spy index type funds are not at risk, for now.
The sensible trade is long brkb, short nasdaq 100 out 2-5 years for conservative investor's looking to preserve their wealth.
For younger people with 20-30 years or work ahead, rock n roll, shoot the dice and play with the big boys and girls on wall street.
Good luck.
