fast $1 BILLION profit!

[thecoder]

Can average Joe participate in an IPO or is it the rich get richer only club?

For members of the high society only...

 

[Tradex]

Can average Joe participate in an IPO or is it the rich get richer only club?

With TD Ameritrade you need a $250K account minimum, plus approval.

And why bother anyway, IPO's are mediocre investments, at best
https://money.usnews.com/investing/stock-market-news/slideshows/why-you-shouldnt-buy-an-ipo

From the article:
"Schneider cites a recent research report from Dimensional Fund Advisors, which shows poor performance by IPOs. Dimensional studied the first-year performance of more than 6,000 U.S. IPOs from 1991 to 2018 and found that these stocks seemed to underperform industry benchmarks."

 

[SunTrader]

Look at FB as an example.

Went sideways to down for first two months after IPO in 2012.