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This. All to the benefit of the investment bank and their best customers who are rewarded with allocations of “hot” ipo’s. How I know this: I have been the r
by Multiplayer 6y ago
This. All to the benefit of the investment bank and their best customers who are rewarded with allocations of “hot” ipo’s.
How I know this: I have been the recipient of allocations in the past.
- JackFr 6y agoIn return for telling them how much your interested and at what price.
- rocqua 6y agoMarkets have order books for that kind of thing. In fact, that is what a direct listing is based on.
- Multiplayer 6y agoNo, they tell you what the price will be at the last moment. They do indicate a range. They don’t really care what you think about the price.