Bought ZI at 39 and it is 63 today ? Missed Vroom and WMG . Any good IPO’s to buy in the near future ? Saw Snowflake filed for IPO . any suggestions ?
At the end of all this, so many people are gonna lose money 💰...why is fed perpetuating this?
Fidelity customers can request IPO allocation when the firm participates, but you usually get next to nothing, or nothing, in hot IPO (unless maybe you have a giant account and can get more ....I dont).
So if I want to participate in Snowflake IPO then I need to find out their underwriters and try to see if I can apply through them ..I think they don’t encourage individual investors and maybe a slab like 250 K minimum ..
Well I dont know if that will work; and I didnt mean that Fidelity was necessarily an underwriter of IPOs only that they get allocations, probably for their various funds, and set aside a piece to offer to their retail investors. (So I suspect if they are participating in snowflake and it's a high demand IPO, no matter what I request, I'll probably only get something like 100 shares or even more likely nothing.) Probably same deal with the likes of morgan Stanley, just because you are an (EXISTING) retail customer of theirs doesn't mean you can get stock. You probably need to be a high volume retail trader or someone with a very large account (ie someone they makes a lot of money off of)....but these are just assumptions on my part, don't really know how it works with other firms.....
is it long term play (ZI) or short term?
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How do you get to know these companies will go for IPO?
I bought in the secondary market only . Plan to buy in primary market .
Nasdaq has a section called ipo calendar and nyse has one too ..invest in primary market needs more money like minimum 250 k etc ..I usually buy on the day it debuts on the stock exchange