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.”
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