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Originally Posted by MattW
How did you get in on the IPO? All the big companies are jumping on it. Can't find anyone to sell it.
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If you have over X dollars in your investment account they will allow you to get in on IPO's at a discount before the are made avaialble to the public. I get a notice of upcomign IPO if I want to participate. The stock will go on sale to everyone in the morning.
It is a risk, no doubt. I will watch it very closely and hope to get out between Mon / Wen of next week.
One problem however is if you buy stock in an IPO in a pre-sale most brokerage firms like to see you hold it for at least six months or they can refuse to offer you on pre-sale terms in the future. I am going to buy some more in the AM if the price is not to crazzy and try to dump that block.