Stocks - IPO's and broker motivation? - Tilted Forum Project Discussion Community

cyrnel · 08-19-2005, 01:45 PM

How does one motivate brokerage firms to let you in on preferred offerings? I understand it's often a benefit for large/good customers, maybe a lure for future business, but is there an alternate track?

I've been out of the market since shortly before the crash. We knew people who got in early - some winners, some losers - but never pursued it ourselves.

eribrav · 08-19-2005, 03:54 PM

Quote:

Originally Posted by cyrnel

How does one motivate brokerage firms to let you in on preferred offerings? I understand it's often a benefit for large/good customers, maybe a lure for future business, but is there an alternate track?

I've been out of the market since shortly before the crash. We knew people who got in early - some winners, some losers - but never pursued it ourselves.

You've got it........you need to deposit a whole load of moolah, or give the appearance of being someone who MIGHT deposit a whole lot of moolah to get shares.

Most IPO's don't trade that wildly right off the bat anymore. You might just as well buy them in the open market.

cyrnel · 08-19-2005, 04:55 PM

Okay, thanks. Wouldn't there also be the complication of initial availability only at the firm handling the offering? So you'd need accounts or at least history at the firms of interest?

This is as much filling in the blanks as serious interest. We were so tied up doing the CRT-in-face, fibre-in-hand thing 95-2000 (and missing out on the big MLM) that many details were missed. Now I blame age and minor PTSD.

The google announcement sparked my curiosity again, though honestly it seems uniquely dubious.

08-19-2005, 01:45 PM	#1 (permalink)
cyrnel Adequate Location: In my angry-dome.	Stocks - IPO's and broker motivation? How does one motivate brokerage firms to let you in on preferred offerings? I understand it's often a benefit for large/good customers, maybe a lure for future business, but is there an alternate track? I've been out of the market since shortly before the crash. We knew people who got in early - some winners, some losers - but never pursued it ourselves. __________________ There are a vast number of people who are uninformed and heavily propagandized, but fundamentally decent. The propaganda that inundates them is effective when unchallenged, but much of it goes only skin deep. If they can be brought to raise questions and apply their decent instincts and basic intelligence, many people quickly escape the confines of the doctrinal system and are willing to do something to help others who are really suffering and oppressed." -Manufacturing Consent: Noam Chomsky and the Media, p. 195

08-19-2005, 04:55 PM	#3 (permalink)
cyrnel Adequate Location: In my angry-dome.	Okay, thanks. Wouldn't there also be the complication of initial availability only at the firm handling the offering? So you'd need accounts or at least history at the firms of interest? This is as much filling in the blanks as serious interest. We were so tied up doing the CRT-in-face, fibre-in-hand thing 95-2000 (and missing out on the big MLM) that many details were missed. Now I blame age and minor PTSD. The google announcement sparked my curiosity again, though honestly it seems uniquely dubious. __________________ There are a vast number of people who are uninformed and heavily propagandized, but fundamentally decent. The propaganda that inundates them is effective when unchallenged, but much of it goes only skin deep. If they can be brought to raise questions and apply their decent instincts and basic intelligence, many people quickly escape the confines of the doctrinal system and are willing to do something to help others who are really suffering and oppressed." -Manufacturing Consent: Noam Chomsky and the Media, p. 195