u/osunlyyde ·
Reddit — r/stocks
· June 13, 2026 at 16:21
· ⬆ 68 pts
· 💬 97 comments
| View on Reddit ↗
AI Summary
Summary
The post questions who is allowed to sell shares of the IPO ticker SPCX, alleging that institutional investors are holding to maintain IPO access, and that retail brokers may lock or ban flippers.
The author’s thesis suggests a coordinated suppression of selling, possibly creating artificial scarcity and price manipulation.
Quality assessment: Speculation / noise — claims are not backed by verifiable data, and top comments refute permanent bans or locking.
Score68
Comments97
Upvote %71%
▶ Full Post Text
So institutional investors, who hold the majority of the stock, aren't selling any SPCX for weeks or months because they would be excluded from future IPOs by the investment banks. Now I read in the NYT that flipping the stock is allowed for retail investors but that many exchanges will temporarily lock or permanently ban retail investors from their platform it they flip SPCX. Can anyone with SPCX here confirm is that's true? And if so, did IBs and exchanges practically block any selling power for the coming weeks? Seems especially nefarious with the shortened NASDAQ index warmup period...