Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: Danny who wrote (2523)	5/13/1999 3:02:00 PM
From: ChopChop99	Respond to of 15145

Yes, regularly... ...meaning that on every IPO, there are a handful of people on these boards, Raging Bull, etc., that maintain they're not flippers and that they had timestamps earlier than others who got shares, while they themselves got none. Considering the tiny percentage of people that actually wind up posting on these few boards, if these folks are telling the truth, it amounts to far more than a few isolated cases. As to flipping, there are a similar number of posters who maintain that they flip on a regular basis and still manage to get shares. I believe this, because I frankly don't believe that ETrade has the ability right now to reliably run such a correlation. I have a hard time envisioning them doing that when they can't even keep their "trading feature" accessible to their customers. I suspect you're happy, and understandably so, because you've gotten in so many IPOs, but the fact remains that there are those who are missing out on very profitable deals, and ETrade refuses to provide any specific reason why. And whatever the reasons are, they don't appear to be in keeping with their written policy on how shares are allocated.