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pdovy | 5 years ago

Take a look at this: https://www.fidelity.com/learning-center/trading-investing/t...

At the end of the day though, the allocation prior to trading starting in the secondary market is almost entirely discretionary on the part of the issuer and underwriters, and hard to access for the small-fry investor especially if there is a lot of interest.

discuss

order

bluelu|5 years ago

Indeed. It's normal that you get only a small portion, or even none at all of the amount of shares you requested if there is a lot of interest (in Tech there normally is). Maybe you are more lucky if you are a customer of the bank preparing the IPO, or extremely wealthy.

So even the non average Joe does not get access to it.