Continued from 2007 ... GO DOW GO!!

[VIPR PWR]

MU and AMD HAVE BEEN GOOD FLIPS TODAY ,,go 5 200$ dollar one and might get bagged on TSLA .. Plus got rid of a couple bags from the last few days ….


MU got pounded in PreM and is still down but highly flipable .. Lowballs buy and high ball sell has worked decent on the flip.

Now if the good company mid caps would move and AMZN I would clean out the frac bags …

 

[VIPR PWR]

Schwab is easy to get in on the IPO ,,, they require a 10 share minimum purchase at $135 per … fidelity didn’t require that…

 

[VIPR PWR]

 

[Wifey]

So

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if i deposit 2000 and request 10 I may get them? I'll call Schwab and also look at my account see what i can figure out - Thanks!!!

I don't have a 100k account like that article mentioned

 

[Wifey]

Im thinking not for this IPO … need to verify and see in actual …

I called SCHWAB - for their brokerage there is a minimum account balance requirement of 100k to participate in IPOs because they are risky and they are convservative. He did say some other brokerages don't have that requirement so it's not the end of the world- lol

I only have one brokerage account so will see what i do

 

[Wifey]

OMG! I looked at some current stock prices while I was logged in and THE POISON BURRITO closed at 28.00 and change!! They were like 350.00 a share right after the 10 to one split if I remember correctly. Crazy times

 

[VIPR PWR]

So

if i deposit 2000 and request 10 I may get them? I'll call Schwab and also look at my account see what i can figure out - Thanks!!!

I don't have a 100k account like that article mentioned

From my impression you don’t need the account to have that kind of money in it .. fidelity just puts up an application to access IPO trading and asks questions . One question asks your net worth range ,,, simple answer check the box that is higher range like 250k to 1 million range … You own a house , other property a truck etc .. It all adds up big and has nothing to do with brokerage account dollars ….
Yes IPO and every other investment has risks ,, that’s just a disclaimer they use for everything … your trading knowledge good or not is another question , check good or higher their not going to care about those questions .. All in all you need to decide your own limits is what the main thing is ,, not jump in with all your apples in one basket …

As for the one small account I used on fidelity I use for the fractional trading now only values around 28k and it was approved for IPO trading .. I went in for 1 share do to unsettled cash and not enough for more till today ….
The account on Schwab is basically the same range small value and it appeared I could put in for shares but didn’t have the cas in it for the required 10 shares …. So no go and im not transferring cash into it and just let the Divs give me cash to add to position …so I think the rep you talked to may not have been full above water …

 

[VIPR PWR]

I called SCHWAB - for their brokerage there is a minimum account balance requirement of 100k to participate in IPOs because they are risky and they are convservative. He did say some other brokerages don't have that requirement so it's not the end of the world- lol

I only have one brokerage account so will see what i do

Go thru the IPO application and give good answers to those questions I mentioned ,,,, they ask if you are affiliated with a company , brokerage etc .. NO YOUR NOT To all those BS questions … questions may be different than fidelity !

So just try it and see how far you get … if you got cash for the 10 shares and intend to go for it ,, go for it … you may get some or none .. IMO to me it’s worth the try good or bad !

 

[VIPR PWR]

OMG! I looked at some current stock prices while I was logged in and THE POISON BURRITO closed at 28.00 and change!! They were like 350.00 a share right after the 10 to one split if I remember correctly. Crazy times

That’s what happens when you eat that garbage lefty pump and dump scam … the price was over 3000 on the split … I took the chance with a few and dumped the pretty fast and only lost a small amount ….
Remember Pizza gate hahahahaha this one is know called Burrito gate …