Good site mde2004, ipohome.com. thanks.
No, its not. That is why market makers gennerallyQuote from AAAintheBeltway:
But is marketmaking all that great a business?
Yes, inarguably.Quote from AAAintheBeltway:
Won't they get hurt by penny options?
Quote from no1scoresc:
MDE or anyone else, maybe you can help answer a few questions.
1) If I enter a bid of 35 for 300 shares, and it is priced at 32, does that "guarantee" that I will get 300 shares at the IPO price of 32?
2) Will the shares immediately be in my account the 1st day of trading?
3) What's the required holding period or lockup for those that get shares?