10-19-2021, 02:32 PM
HOOD Should Surge Prior to Earnings
<!-- SC_OFF --><div class="md"><p>I’m not a fan but think there might be a nice surge for the next 7-10 days. WHY? </p> <p>HOOD’s early lock-up expires next Tuesday after they report earnings. (Early lock-up’s expirations in conjunction with reporting earnings has become a thing). </p> <p>During early lockup (90 Days post IPO) only founders, senior managers & board members are allowed to sell. Investors & Syndicate Members have to wait 180 days however many of them asked the SEC to allow them to also sell early as many had to pony up additional money during the GME short squeeze. Seems the SEC will allow some flexibility (including Bloomberg article with additional info) </p> <p>Robinhood Early Investors Granted SEC Approval to Sell Shares <a href="https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares">https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares</a></p> <p>Remember HOOD has a lot of big founding investors and GS also took them public and picked up IPO shares (GreenShoe) don’t know look it up. </p> <p>I’m almost sure insiders will pump the price for the next week in order for the price to be a lot more attractive vs where it’s currently sitting. This way they can sell and lock a higher profit. </p> <p>Are any of you also looking at this trade?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pdieff"> /u/pdieff </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qaxjcx/hood_should_surge_prior_to_earnings/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qaxjcx/hood_should_surge_prior_to_earnings/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I’m not a fan but think there might be a nice surge for the next 7-10 days. WHY? </p> <p>HOOD’s early lock-up expires next Tuesday after they report earnings. (Early lock-up’s expirations in conjunction with reporting earnings has become a thing). </p> <p>During early lockup (90 Days post IPO) only founders, senior managers & board members are allowed to sell. Investors & Syndicate Members have to wait 180 days however many of them asked the SEC to allow them to also sell early as many had to pony up additional money during the GME short squeeze. Seems the SEC will allow some flexibility (including Bloomberg article with additional info) </p> <p>Robinhood Early Investors Granted SEC Approval to Sell Shares <a href="https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares">https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares</a></p> <p>Remember HOOD has a lot of big founding investors and GS also took them public and picked up IPO shares (GreenShoe) don’t know look it up. </p> <p>I’m almost sure insiders will pump the price for the next week in order for the price to be a lot more attractive vs where it’s currently sitting. This way they can sell and lock a higher profit. </p> <p>Are any of you also looking at this trade?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pdieff"> /u/pdieff </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qaxjcx/hood_should_surge_prior_to_earnings/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qaxjcx/hood_should_surge_prior_to_earnings/">[comments]</a></span>Kind Regards R