mr oni
commented on a stock · Sep 23, 2022 23:01
$Lichen China (LICN.US)$ this has an insider lock up for 180...
$Lichen China (LICN.US)$ this has an insider lock up for 180 days. It runs the same day you buy it you cannot sell it tell after 180 days of being open. It's a trap in a sense.
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friendly Giraffe_614 : Insiders can’t sell it. Unless you’re a member of the board you’ll be fine.
SunEnHeru friendly Giraffe_614 : Details please
friendly Giraffe_614 SunEnHeru : https://www.investopedia.com/terms/i/ipolockup.asp
Michael Drakeson : Retail investors can sell ipo's the second they go live. That applies with all ipo's