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How does one take part in an IPO? Can I use my E-Trade brokerage account? I'm just getting into investing, I know its risky times and a risky company, but I th

• quizbiz 16y ago
  Contact your brokerage firm and ask what the qualifications are.
• rjett 16y ago
  If you're interested in participating in an IPO and you have ETrade, I would use this page as a jump off: https://us.etrade.com/e/t/estation/pricing?id=1301050000 https://us.etrade.com/e/t/estation/pricing?id=1301050000
  • risotto 16y ago
    Awesome, I found Tesla in the upcoming IPOs section.
    • chip 16y ago
      But there is nothing under current offerings, any idea when it becomes available for participation?
• brc 16y ago
  I would be surprised if you can get a part of it. Most IPOs, particularly if they are tipped to be 'hot' are locked up by institutional investors and brokers' preferred clients. The supply is restricted to ensure that the price moves higher on the first day, giving both a successful launch and a handy profit for those involved. It's almost a case where you don't want to buy into an IPO that you can get into. Having said that, if you can get an allocation through e-trade, by all means go ahead. On the plus side you don't have to pay brokerage fees to enter.