PLAN for Blibli’s Initial Public Offering (IPO) attracted the attention of Irfan Sabri. Irfan, 43, is interested in buying shares with the ticker code BELI when it opens its IPO on November 7. “Just speculatively, for the short term,” said this employee of a private company on October 27.

What Irfan meant by “short term” is buying the shares at its offer price and then selling it once its price soars. By doing this,