IPO

[nightcarrier]

Guys, looking for advice. I am trying to find a chance how a private investor (or group of individuals) with modest capital can participate in subscription for shares going to IPOs. Large retail brokers (like Interactivebrokers) said that "we do not provide such services". Exchange`s support services (e.g. NYSE) did not say anything clear. Large investment banks (like Citi) have not even respond to the letters(( So better don’t rely on big guys

Would appreciate any ideas about how the impossible thing could be done

 

[OptionsOptionsOptions]

GPRO

 

[Robert Morse]

The brokers that get allocation from the underwriter's syndicate provide allocations to customers that provide a lot of commissions dollars. Look at any syndicate from any past offering and you will see the names to contact.

 

[Maverick2608]

IPO underpricing is on average 10%. The 10% goes to friends of friends of the underwriters. Friends = high commission revenue.

Once in a while significant IPO stock is offered to non-friends. Those are on average the lemons.

 

[nightcarrier]

The brokers that get allocation from the underwriter's syndicate provide allocations to customers that provide a lot of commissions dollars. Look at any syndicate from any past offering and you will see the names to contact.

Thank you! I`ll try.