When do you sell after lockout period ends?

Jul 9 9 Comments

Do you sell your stock the second the market opens the day after 6 month lockout period ends? Or is it better to wait until things cool off after that day? Or wait a full year for tax reasons?

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TOP 9 Comments
  • New
    Tsla83

    New

    PRE
    McKinsey
    Tsla83more
    Depends on market sentiment and if there are a lot of old investors (VCs) that want out.

    I good default is, 33% ASAP, 33% after 6 months, 33% in 1 year+.
    Jul 9 1
  • Coupang
    butthol

    Coupang

    PRE
    Facebook
    BIO
    I am speed.
    buttholmore
    All personal preference and based on what your goals are.
    Jul 9 2
    • OP
      Goal is maximize profit and diversify
      Jul 9
    • Coupang
      butthol

      Coupang

      PRE
      Facebook
      BIO
      I am speed.
      buttholmore
      Can’t help you there. I would imagine selling when the lockout period ends isn’t a great strategy but I don’t know shit about that.
      Jul 9
  • New / Finance
    pbIx58

    New Finance

    PRE
    IBM, Goldman Sachs, Citibank, Point72
    BIO
    Portfolio Manager 720k. Graduate degree from NYU.
    pbIx58more
    Not always it just depends on the particular company's outlook etc.
    Jul 24 0
  • i for one am watching the lyft lockout expiration with great interest.

    One thing I've been paying attention to recently is the trade volume. Uber's been in the neighborhood of 10M/day for the last 30 days or so and I can't imagine that several 10's of millions of shares becoming available on the day lockup expires is going to have any sort of up-lifting effect on the uber price.
    Jul 22 0
  • New SgJq15
    all of this strictly depends on where the market is and where you think it’s going to be.

    you shouldn’t keep everything in one basket. having said that, i made over 400k this year so far by doing exactly that because i believe the ride has a small runway to continue. YMMV
    Jul 9 0
  • Carvana WingItMan
    Depends on what they are, if RSUs you can and should (IMO) treat as cash.

    There are also some tax benefits to selling at a loss, but if you’re talking a decent chunk of money you should consult an advisor.
    Jul 9 0

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