News for hackers. Stuff that matters.

A comment on MongoDB shares jump more than 30% in $192M IPO. Parent comment

Re:MongoDB shares jump more than 30% in $192M IPO by throw98987 on Friday October 20, 2017 @09:37AM (#15515619)
How can one short it efficiently?
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by austenallred on Friday October 20, 2017 @10:09AM (#15515885)
I mean this in the kindest way possible: If you don’t know the answer to that question, you shouldn’t be shorting anything. Especially not at IPO.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by nailer on Friday October 20, 2017 @09:56AM (#15515768)
Outside the US, you can do OTC derivatives via Spread Betting. Eg, give me/take from me a pound for every point this stock moves for/against my bet. Most spread betting providers in the UK carry NASDAQ stocks.

Note the downside is unlimited when you short via spread betting. Eg, there's no maximum value of a stock, so you might get proper f'd.

[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by 013a on Friday October 20, 2017 @11:11AM (#15516394)
The downside is not unlimited when purchasing put options.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by notyourday on Friday October 20, 2017 @10:57AM (#15516267)
It will be optionable soon. Buy out of money puts.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by trive_news on Friday October 20, 2017 @10:40AM (#15516124)
You could buy the stock of a competitor if you can't get any stock to borrow for short sale.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by droidist2 on Saturday October 21, 2017 @09:04PM (#15524528)
What's their main competitor? Oracle?
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by icahnvalyou on Friday October 20, 2017 @09:45AM (#15515687)
Most online brokers don't have lending inventory available yet. TD won't let me short.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by notyourday on Friday October 20, 2017 @12:37PM (#15517121)
Of course they don't. Settlement time is T+3. Unless you are MM, until the first IPO + 3 days no shares can be located. At T+3 it will go into hard to borrow list.
[ Parent | on HN ]
Re:MongoDB shares jump more than 30% in $192M IPO by icahnvalyou on Thursday October 26, 2017 @10:43PM (#15565279)
TIL
[ Parent | on HN ]