Buying VISA IPO-use Scottrade or Broker @Wachovia?
Archie asks:
The Visa IPO hits the week of 3/17 & I want in. My buddy who works for AG Edwards/Wachovia is trying to get me to go through his firm for the purchase. He claims they will be able to execute the order before me & at a lower price than if I use my Scottrade online account. Is he just speculating or is it common for a large brokerage to get dibs way earlier in the IPO(so it would be worth it) than the online trader.
The Visa IPO hits the week of 3/17 & I want in. My buddy who works for AG Edwards/Wachovia is trying to get me to go through his firm for the purchase. He claims they will be able to execute the order before me & at a lower price than if I use my Scottrade online account. Is he just speculating or is it common for a large brokerage to get dibs way earlier in the IPO(so it would be worth it) than the online trader.
Visa IPO offering - I have 20k, but need 80k more for Full brokerage account, is this feasible?
Marty asks:
I have been thinking about investing in Visa’s IPO. They are leader in the market, and could very well pull a stunt like Mastercard did in 2006. I spoke with one of the brokers in the initial offering and they require 100K to open an account. I only have 20K, and have talked to a couple of friends who would like to do the same. I know we can open a Joint (multiple Investors) account and do it that way. Is this a common practice or are there other vehicles we could use to achieve the same result?
I have been thinking about investing in Visa’s IPO. They are leader in the market, and could very well pull a stunt like Mastercard did in 2006. I spoke with one of the brokers in the initial offering and they require 100K to open an account. I only have 20K, and have talked to a couple of friends who would like to do the same. I know we can open a Joint (multiple Investors) account and do it that way. Is this a common practice or are there other vehicles we could use to achieve the same result?
For those who know anything about the upcoming VISA IPO, how well do you think it will do in the future?
Hiram asks:
What are the prospects for VISA’s stock?? Will VISA stock go up over 400% like Mastercard’s? Great stock to have? to hold onto?? Or buy and then sell within a short time??
How well do you think VISA’s stock will do in the short term (2 years) and how well do you think it will do in the long term (5, 10, 20, 30 years from now) ??
What are the prospects for VISA’s stock?? Will VISA stock go up over 400% like Mastercard’s? Great stock to have? to hold onto?? Or buy and then sell within a short time??
How well do you think VISA’s stock will do in the short term (2 years) and how well do you think it will do in the long term (5, 10, 20, 30 years from now) ??
