how do u buy a stock @ IPO price?

Kennith asks:

or is that just for the big boys and all of us normal ppl have to wait for the 1st day of out right trading

6 Comments to "how do u buy a stock @ IPO price?"

Titus

While it can be difficult for individual investors to buy IPO shares, more and more firms, including several online brokers, offer IPOs. Because these firms often have a small allotment of shares to sell to the public, your ability to buy these shares – especially “hot” IPOs – may be limited no matter which firm you do business with
Katelynn

i think you’re right!
ipo is often by”inviation only”
SUX
Ernie

It depends on the rule of your brokerage company

With Fidelity Investments, for example, you can request for participation in IPO if you have $500,000 in your account, though OpenIPOs and Secondary offerings have lower requirement of $100,000 in your account
Rodolfo

IPO are not by invitation only, but you do need to contact your broker to see if he can get you in at the IPO price. You may not have to have specified amount in your brokerage account, because some brokers may be able to lump your IPO purchase in with other investors when they buy the stock in a block. It really depends on the broker, some may not mind with a small amount some may not bother.
Melvina

You answered your own question.
Louanne

Open a brokerage account with the underwriters with at least $1,000,000.00 USD and very nicely ask them for a few shares.