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So you think Schwab will get in on the lotto? I could maybe get one share lol
Continued from 2007 ... GO DOW GO!!
- Thread starter Wifey
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Nothing wrong with 1 share .. but Schwab I believe has the larger value requirement and you have to sign up and be approved ( Qualified ) at least that’s what I’ve heard ,,,,, Same with Fidelity …..
Im sure their going to get some as major brokers and even smaller brokers will try to get some like Robinhood …
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I'll check into them thanks!
Im still looking into this IPO … confusing trying to get info on it ..
regularly IPO’ allow the big and institutions to get in before retail !
All I’ve ever seen is retail won’t be able to trade until the brokerages put it on the platforms ,, can be from 10am to 2 pm on the IPO open date ,,,, Sometimes I’ve found out about alternative ticker symbols before the real ticker is put up on the day of the IPO.
I read that the bigs are already trading at around 600 per share making the retail spin Hype to me , especially the part where Musk saying followers to hold long term ??? Common sense is retailers are going to take profits fast IMO on the open date or longer . Since the bigs , if info Im getting are buying now they’re the ones that get the low price and the price will be inflated on the open of the IPO already . Making me think it will be nothing special on price and trading as usual … Either way get the shares as cheap as possible and play the pop or hold longer is up to the investor or trader ..
it also makes me look at opening a E*trade account , That it won’t make any difference …. I’ll be looking into these things more as im skeptical. IPO is suppose to be set for June possibly which I thought was in May .. watch for announcements is all I can do !
Im going to get in either way and believe it’s going to have decent to a lot of growth .. No Div which is out of my plan but risk should be solid and worth the investment..
regularly IPO’ allow the big and institutions to get in before retail !
All I’ve ever seen is retail won’t be able to trade until the brokerages put it on the platforms ,, can be from 10am to 2 pm on the IPO open date ,,,, Sometimes I’ve found out about alternative ticker symbols before the real ticker is put up on the day of the IPO.
I read that the bigs are already trading at around 600 per share making the retail spin Hype to me , especially the part where Musk saying followers to hold long term ??? Common sense is retailers are going to take profits fast IMO on the open date or longer . Since the bigs , if info Im getting are buying now they’re the ones that get the low price and the price will be inflated on the open of the IPO already . Making me think it will be nothing special on price and trading as usual … Either way get the shares as cheap as possible and play the pop or hold longer is up to the investor or trader ..
it also makes me look at opening a E*trade account , That it won’t make any difference …. I’ll be looking into these things more as im skeptical. IPO is suppose to be set for June possibly which I thought was in May .. watch for announcements is all I can do !
Im going to get in either way and believe it’s going to have decent to a lot of growth .. No Div which is out of my plan but risk should be solid and worth the investment..
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That's along the lines of what I'm thinking I'm reading about it and I believe Schwab is on the list of the larger brokerages that will be able to offer it to retail. The bigs can buy it now with special circumstances that apply but i don't think they can sell. Also a lockdown period will apply to the insiders etc like when trumps stock went ipo he couldn't sell during that lockdown time. It appears there is a process to get in line and set up for the buy from what I read on a Schwab site somewhere. I may wait till it comes out and buy one then since I'm thinking it's going to be really volatile and I'll most likely only get one or two
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This is from my brother asking Gemini AI about the IPO …
Here’s what I get from Gemini.
If you are selected for an allocation through E*Trade, you will pay the **announced IPO price** (the "offering price"), not the opening price on the stock exchange.
This is the primary reason investors fight for these slots. Getting in at the IPO price allows you to potentially capture the "pop"—the jump in value that often happens between the time the price is set at night and when the stock actually starts trading the next morning.
### How it Works mechanically:
1. **The Pricing (The Night Before):** On the evening before the stock goes public, SpaceX and its lead bankers (like Morgan Stanley) will set a final price (e.g., $110 per share).
2. **The Confirmation:** E*Trade will alert you that the price is set. You must **manually confirm** your order at that exact price within a very short window (usually a few hours).
3. **The Purchase:** If you confirm and are allocated shares, E*Trade pulls the money from your account at that **$110 price**.
4. **The Opening (Next Morning):** When the stock officially opens for trading on the Nasdaq the next day, it might open at **$140**. Because you got in through the retail allocation, you already have a "paper profit" of $30 per share before the general public could even touch it.
### Why the "30% Allocation" matters for you:
Totally confused now ,,,,, if this turns out to be correct then it’s a good deal to try it and the price ?????
The flipping of the shares part is something that appears consistent !
Typically, retail investors are fighting over a tiny 5% to 10% slice of an IPO, which is why allocations are usually so small (e.g., you ask for 100 shares and get 2).
With a **30% reserve**, your odds of getting a more substantial portion are significantly higher. This is Musk’s explicit attempt to ensure that his individual supporters—the "retail" crowd—get the "wholesale" price that is usually reserved for giant hedge funds.
### The "Flipping" Trap
One important caveat: E*Trade generally has an **"anti-flipping" policy**. If you get shares at the IPO price and sell them immediately to lock in that opening-day "pop," E*Trade may penalize you by banning you from participating in future IPOs for 60 to 180 days.
Here’s what I get from Gemini.
If you are selected for an allocation through E*Trade, you will pay the **announced IPO price** (the "offering price"), not the opening price on the stock exchange.
This is the primary reason investors fight for these slots. Getting in at the IPO price allows you to potentially capture the "pop"—the jump in value that often happens between the time the price is set at night and when the stock actually starts trading the next morning.
### How it Works mechanically:
1. **The Pricing (The Night Before):** On the evening before the stock goes public, SpaceX and its lead bankers (like Morgan Stanley) will set a final price (e.g., $110 per share).
2. **The Confirmation:** E*Trade will alert you that the price is set. You must **manually confirm** your order at that exact price within a very short window (usually a few hours).
3. **The Purchase:** If you confirm and are allocated shares, E*Trade pulls the money from your account at that **$110 price**.
4. **The Opening (Next Morning):** When the stock officially opens for trading on the Nasdaq the next day, it might open at **$140**. Because you got in through the retail allocation, you already have a "paper profit" of $30 per share before the general public could even touch it.
### Why the "30% Allocation" matters for you:
Totally confused now ,,,,, if this turns out to be correct then it’s a good deal to try it and the price ?????
The flipping of the shares part is something that appears consistent !
Typically, retail investors are fighting over a tiny 5% to 10% slice of an IPO, which is why allocations are usually so small (e.g., you ask for 100 shares and get 2).
With a **30% reserve**, your odds of getting a more substantial portion are significantly higher. This is Musk’s explicit attempt to ensure that his individual supporters—the "retail" crowd—get the "wholesale" price that is usually reserved for giant hedge funds.
### The "Flipping" Trap
One important caveat: E*Trade generally has an **"anti-flipping" policy**. If you get shares at the IPO price and sell them immediately to lock in that opening-day "pop," E*Trade may penalize you by banning you from participating in future IPOs for 60 to 180 days.
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Thanks! That is a good detailed explanation!!
Im still not convinced on getting any from the IPO supposedly deal ,, talked to my neighbor who is a broker dude for Wells Fargo and he says it’s the same old IPO hype and chances are you won’t get any on the deal ..
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That's why if I get any I may watch for the dust to settle - your dude probably has good reason to feel that way
He states it won’t be any different than other IPOs due to retail big money getting in .. odds of getting any will be tough competition..
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Bastages
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WOW!! Avis having a massive sale 
Whats Avis selling hahahaha ! Markets screwy without doubt ..WOW!! Avis having a massive sale
Here is one way to trade during the mass volatility BS !
Schwab has fractional shares link as does Fidelity! Fidelity lets you use limit buys and sells but Schwab does only allows Karket orders ( sucks )
You choose a dollar amount to buy of any stock !
I’ve been flipping francs. For about 2 weeks . Basically day trading them . Mostly alll large caps companies .. I’ve done several hundred with $25 to $150 per trade based on the prices and charts .. you don’t get rich but it’s a time killer from me being bored .. Most sell on the day and others usually 2 or 3 days bagged… Perfect for those huge drops on the huge companies and haven’t missed on any .. a couple are a pain like BRK-B which Inhave 2 unsold Fracs. They will sell soon enough … 99% of the companies Im buying pay a bigger div also , so if I miss gives me the option to play near the ex date and get the div on top of the sell…
Fidelity is the platform to use with limit orders , Schwab is a pain and forces yo to watch all day to make the flip with market orders …
Im already into steak and lobster and filling a 5 gallon water jar with coins for a rainy day or reinvest into other core holdings ..
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NICE TO HEAR!! sounds like a good way to bank the piggy and kill some time. I haven't been following at all but I'm getting the urge to start again lol
The fracs are a good way and less risk of bagging or loosing big money on full shares not to mention help understand and become more comfortable with trading ..
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