How can I purchase IPO’s?
Alpha asks:
Earlier this week VMware went public. How could I have made this purchase before it shot up so much?
Earlier this week VMware went public. How could I have made this purchase before it shot up so much?
Also how would I be able to find IPO’s in the future. And again, how can I purchase them.
Related questions:
- How do you purchase IPO’s before they go public? Irma asks: For instance, vmware was priced at $29.00 but opened at around $52.00 a few weeks back. How would...
- How do you purchase an IPO? Laverna asks: I am interested in a stock that is going public. As a 'normal' investor, how can I purchase...
- VMWare IPO soon - how to buy shares already? Elwanda asks: So apparently VMWare IPO is coming soon. I'm not sure if a price per share has already been...
- How do I purchase an IPO? Theola asks: How do I purchas an IPO if i only plan on buying a few hundred shares? Many banks...
- How will EMC’s IPO spin-off of VMWare affect my call options on EMC? Young asks: EMC's VMWare is being touted as the biggest IPO since Google went public in 1994. I have January...
It is all but impossible to get it for a small retail investor as allocations are filled quickly and the retail portion is allocated quickly with the high-net worth stockbrokers. In order to have some chance of buying shares on IPOs, you need to: 1) have an account with the lead or co-lead underwriter (or co-manager); and 2) have a good stock broker who can get access to such allocation; 3) let this stock broker know right away after the prospectus/registration statement is filed. Even then, chances are remote that someone will get allocated.
I’d like to add to Face T’s answer that if you do get an allocation you probably wouldn’t want it as it indicates lack of interest and the stock will probably tank - like most IPOs.
You can check:
http://www.ipohome.com/default.asp
for the upcoming IPOs but your best bet is buying on the open market when the stock starts trading.
You can’t. IPO’s are usually a lot of hype anyway. The vast majority tank shortly after they go public.
Open a brokerage account with at least $1,000,000.00 with the underwriter and very nicely ask them for a few shares.
I can email you all the coming IPOs if you want.