Tested IPO water - ET

Discussion in 'Stock picks and trading strategies' started by txjeff, Mar 22, 2012.

  1. txjeff

    txjeff Member

    Just for grins, I put in for 1000 shares of IPO ExactTarget. Got zero allocated (as I expected after reading how it is unlikely for the 'lesser' trader to get any shares allocated (mostly these shares go to the people who have Bentley payments). So my grouching about Cramer's Dware IPO untimely advice last week was probably moot since I most likely wouldn't have received any of those shares either.

    This may be a premonition for share allocation, or the lack there of, for the FaceBook IPO as well.

    (More info at TIC group link http://www.onlinetradersforum.com/showthread.php?t=618966)

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