In And Out

Burgers. Sex. A bank robbery. Something LGBTQ-related.

In fact, none of these have anything to do with "in and out," which refers to a very fast stock trade.

You were "in" on the hot IPO when the self-flying car company came public. You owned 1,200 shares which priced at $20, and you loved them there, at that price. You thought that they could go up by 50 percent a year for 5 years and still have legs. But when the first print came at $52 a share, it represented what you thought was fair compounding for 3-4-5 years or more, so you were in at $20, and out at $52.

See: Hot Issue. See: Hot IPO.