GO
Help
Zecco.com » General Investing » IPOs » HOW Do I Get In On The Visa IPO?
Last post 04-11-2008, 11:47 PM by hedwards. 10 replies.
Previous   Next
Content Name: ForumThreadInternal
Preview Revision #:
Active Revision #:
Edit Content

  •  03-04-2008, 6:39 PM 24592

    HOW Do I Get In On The Visa IPO?

    Reply Quote

    I see lots of folks weighing the option.  I need to know HOW to go about getting in on the Visa IPO.  Does anyone here know how?  Is there a place I can go to find out how?

     

  •  03-04-2008, 6:47 PM 24593 in reply to 24592

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    You cannot as a small investor.  Investment banks' ECM groups parcel them out to large institutional investors who give indicators of interest.  They are therefore usually given the partitions at a significant discount...which is why stock prices usually jump on the first trading day.  Hope that helps.

  •  03-04-2008, 7:45 PM 24594 in reply to 24593

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote

    It helps a little.  I don't know what an "ECM" is.

    So, the bottom line, here, is that I'm hosed.  The only way to get V is to buy it on the market, just like any other stock, after it's listed.  Is that substantially correct?

  •  03-05-2008, 2:42 AM 24612 in reply to 24594

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    Visa's ipo is going to be such a large offering that we should be able to get in not too hard. I plan on getting a good amount of Visa. I really like what I see.

  •  03-05-2008, 8:29 AM 24614 in reply to 24594

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    lwaldron:

    So, the bottom line, here, is that I'm hosed.  The only way to get V is to buy it on the market, just like any other stock, after it's listed.  Is that substantially correct?



    No, not at all. Check with so-called full-service brokers. They will favor long-term clients in doling out the Visa IPO, but it won't do any harm to call and ask. I keep an old long-standing account with a FSB precisely because they have access to IPOs. Turns out to be well worth the otherwise outrageously high commissions.

  •  03-05-2008, 7:38 PM 24639 in reply to 24614

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote

    Visa shouldn't jump as bad as other IPOs recently have, I'm not too worried and will wait until listed.

  •  03-05-2008, 10:22 PM 24646 in reply to 24639

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote

    I work at a TV news station.  I spoke to one of our experts who does financial advice.  His response to this question was, basically, "The 'little guy' has no chance.  Wait until it's listed, at which point it'll probably be no better, or worse, a buy than any other stock."

     

     

  •  03-05-2008, 11:12 PM 24647 in reply to 24592

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    Motley Fool - How To Get In On An IPO

  •  03-05-2008, 11:14 PM 24648 in reply to 24647

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote

    From Hoovers / MSN Money

    To buy an IPO at the offering price, you'll need to have an account with a broker that has access to that deal, meaning one of the banks that is part of the selling syndicate. These will be brokers that also have corporate finance divisions, such as Merrill Lynch, Wit Capital, or Salomon Smith Barney, or discount brokers that have signed a distribution alliance with a traditional investment bank, such as E-Trade or Schwab or DLJDirect. The names of the banks on the syndicate for any given deal can be found by looking at the "Underwriting" section in a company's SEC registration.

    Tell your broker
    Then, it's just a matter of letting your broker know how much you would like to invest in the IPO. Whether you're successful depends on many factors: how many shares are being offered in the deal (the more, the merrier), how large an allocation your broker's bank is getting (the lead underwriter will have the largest allotment), how large your account is, how much trading you do, how close your relationship is with your broker, how well your broker knows the business, how successful your broker is, etc.

  •  03-20-2008, 11:45 PM 25469 in reply to 24593

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    Hi,


        That is simply untrue about small investors not being able to get in on IPO's before they go public. I have done so and I have less than $1500 in my portfolio to invest. We can not get in on this alottment as Zecco account holders. But, other brokers have and do make them available to their clients. Way back when I was a Daytech account holder,( Daytech became TD Ameritrade), that broker had shares of different IPO's available to us. The process was simple. We were notified in advance on the website, applied to be able to participate in on the allocation of pre-public shares, (which was the "coming out" price, and then if we were chosen or their were enough shares available for all who applied to participate), we owned the shares.

      However, If my memory serves me correctly, at that time we were asked to not sell our shares for 90 days. Legally we were able to sell them but if we did sell them before that holding period was up we risked not being able to participate in future IPO's from that brokerage firm.

       I want to add, that all or most IPO's do not go up from their issuing price once they go puplic on the open market. It is a risk just like any other stock purchase. You have to do your research. VMware and Visa were pretty good bets of a price increase though, simply because of all of the "buzz" about them before the IPO's went through. VISA I think will come back down to the issuing price or below within the first 90 days. Time will tell. Thanks and I hope this helps everyone out there.

                                                -Doug Woodard-


    Sincerely,
    Doug Woodard

  •  04-11-2008, 11:47 PM 26861 in reply to 24646

    Re: HOW Do I Get In On The Visa IPO?

    Reply Quote
    lwaldron:

    I work at a TV news station.  I spoke to one of our experts who does financial advice.  His response to this question was, basically, "The 'little guy' has no chance.  Wait until it's listed, at which point it'll probably be no better, or worse, a buy than any other stock."

    That's my impression, many times the price at the IPO is higher than the price is a few months later. Sometimes with something that's been really hyped up as a private firm it does work out that way.  For the most part, there's going to be a period where the stock is mostly unnoticed by most people.

    I bought in on GASS roughly some time after its IPO and I the price that I paid was roughly what I would have paid initially for it. The only problem I've had is that I missed out on those dividend checks. The main reason why was that it's a tiny company that's managed to largely fly under the radar of most analysts. I looked earlier today, and there were fewer 10 analysts rating it.

    The other portion of the equation is that firms that go up into the stratosphere are still going to be a really good buy a bit later on, sure it kind of sucks to miss out on the first 20%, but if it's a stock which ends up with a 500% gain, take the 20% off and that's still a sizeable chunk of change.
Content Name: StandardBottom
Preview Revision #:
Active Revision #:
Edit Content

Terms of Service - Privacy Policy

Market data and delayed quotes are powered and implemented by Interactive Data Managed Solutions. All historical chart data, quotes, daily updates, company data and news provided by Interactive Data or partner companies of Interactive Data. Quotes are delayed, except where indicated otherwise. Delay times are at least 15 minutes for NASDAQ, 20 minutes for NYSE and Amex.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Zecco nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance upon information contained herein. By accessing the Zecco site, you agree not to redistribute the information found therein.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information, and should be read carefully before investing.

Zecco.com is a financial portal of Zecco Holdings, Inc., which also provides access to Zecco Trading. Zecco Holdings is not a securities broker/dealer. All securities and investments are offered by Zecco Trading, Inc. Member FINRA/SIPC. At Zecco Trading, you can make up to 10 free stock trades in any one month that you maintain a $2500 minimum account net equity. After that, you pay only $4.50 per stock trade. Options trades are $4.50 plus $.50 per contract. Only the first account of any account type is eligible for the Zecco Trading, Free Trading program. Any multiple accounts of the same type with the same registration are not eligible for the free trading program. Free Trading Program is only available through Zecco.com. $0 minimum to open cash and IRA accounts. Margin accounts require a $2,000 minimum balance for opening and trading on margin. Margin trading involves risks and is not suitable for all accounts. No consideration was paid for any testimonials displayed on this website. Your experience may vary, and the testimonials are no guarantee of future performance or success.

© 2006-2008 Zecco Holdings, Inc. All rights reserved. System response and access times may vary due to market conditions, system performance, and other factors.