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how do *we* get in on the GOOGLE IPO????

Old Mar 24, 2004 | 01:20 PM
  #11  
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From: Conifer, CO
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Originally posted by RBC3
Who did you go through to buy Krispy Kreme?
Etrade. It was just a regular market order I placed on the day KKD went public. Could have been any broker.

(No, I don't have the shares anymore. Wish I did.)
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Old Mar 24, 2004 | 02:28 PM
  #12  
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From: richmond
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unless you are part of the select few that gets it at the IPO, no one off the streets can buy a stock at the initial IPO price.
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Old Apr 5, 2004 | 11:32 PM
  #13  
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From: Los Angeles
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Originally posted by dkhl
unless you are part of the select few that gets it at the IPO, no one off the streets can buy a stock at the initial IPO price.
I've gotten in on some IPO shares at the real opening price. I got them through my grandma who had been with her broker for 30-40 years.

It's a real PITA. First, you can only get a few shares (we got 30) and second you are generally required to hold for 30-60 days. Why? So institutional investors and holders of preferred stock can make more money, even if it's at your expense. They put up with risk to get preferrential treatment. In all but the ultra hot IPOs it's probably just as well to have a standing order in with your broker/site to buy as many shares as you can with your money up to a certain threshold for price per share.

Good luck. I'm looking out for Google's IPO too. Should be a great ride.
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