Re:LNKD IPO opens huge at $83
by brosephius on Thursday May 19, 2011 @11:54AM
(#2564328)
and assuming you can find shares to short, and are willing to pay the borrow cost.
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During the first 30 days after an IPO, the underwriters are not allowed to lend shares for short sale. Additionally, number of shares are limited. The entire float is not available on the first day of trading. So today, it is probably impossible to short. 30 days from now, it should be available to short.
Re:LNKD IPO opens huge at $83
by icedpulleys on Thursday May 19, 2011 @10:16PM
(#2566142)
I've heard that larger banks and brokerages (not the underwriters) will start making shares available for shorting as early as Tuesday, which should help ease the share price down.
put options?