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birb_cromble  8d ago (text post)   790 thread views

Weekly Finance Thread - 2026-06-13

A weekly thread to discuss financial matters - from personal all the way up to global.

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I got allocated 12 shares of SPCX at its IPO price of $135. How is participating in an IPO not a total cheat code? It seems like the likelihood of profit when buying at the IPO price is quite high. I googled for counterexamples and only got discussion of Facebook and Uber.

I should calm down though. I only got 12 of the requested 100. Retail participation is usually quite low for offerings.

I don't want to flip these immediately and cause my broker to deprioritize me in future IPOs (Anthropic later this year maybe). After 30 days, how long would you hang onto these shares if you were I? Do you own any SPCX yourself?

I'd look at the lockout periods for shareholders and see if you can get out right beforehand. Increasing the number of shares tends to drive the price down some.

This in general is the art of IPO trading. But you do get in a game of musical chairs where everyone else playing low float games is trying to sell before the others sell.

This one is weirder because the high amount of retail size and the faster lockout periods with some accelerating if the price is up X%. Which is quite honestly a great adjustment to the ipo process. Too many small float games were played last decade.

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