Could Wall Street and Main Street join forces to short Robinhood post-IPO?
NY Post
Could Robinhood’s hotly anticipated IPO make it a short-selling target of both the hedge funds and the “Reddit Rally” retail crowd normally bent on destroying Wall Street?
The word on the Street — and among some users of Reddit’s popular WallStreetBets chatroom — is yes. “Brokers are preparing for a lot of short sale demand,” Ihor Dusaniwsky, managing director at S3 Partners, a financial data firm that tracks short interest in publicly traded stocks, told The Post. “There’s a lot of talk about retail and institutional investors – like hedge funds – shorting the stock.”More Related News
I can’t tell you if Donald Trump will spend a day in jail after a Manhattan jury’s guilty verdict in that absurd hush-money case. What I can report with a great degree of certainty is that Trump isn’t a guy acting particularly worried about the outcome; in fact, he thinks it’s going to propel him back into the White House.