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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: aps who wrote (3876)10/21/1998 1:25:00 AM
From: Glenn  Respond to of 7247
 
i get ipo's from dlj as well. I dont use them as you only get the IPO's that particular broker is pushing. They dont push what i typically like.



To: aps who wrote (3876)10/21/1998 2:25:00 AM
From: Glenn  Read Replies (3) | Respond to of 7247
 
Its even harder than that. The IPO's are run on a point system. The more you buy the more points you get. Theres a limited number of shares available to the members with the highest points. Catch is, you lose alot of points and get a 5% penalty to boot. Do it several times, and you dont get any more IPO's.


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