I have been granted the rights to purchase an IPO

S

shittygsxr

New Member
#1
#1
I can buy up to 100,000 shares in an IPO set to hit the market early next year. Unfortunatly I dont have a million bucks laying around. I would really hate to let this go. Has anyone here ever sold their rights to an IPO? If I could sell my rights to most of the stock I could use the proceeds to buy some myself.

AM I just daydreaming or is this possible? How would I find a buyer? Ebay?
 
R

RSI

Well-Known Member
#2
#2
You must be joking. How can anyone assure a fixed quantity of allotment to any person in an IPO? If you are a promoter of the Company planning IPO, then the shares allotted to you will be locked for some years.
 
S

shittygsxr

New Member
#3
#3
Well here is the scoop. A bank that I had deposits in is going public and is giving all of its depositors the ability to buy 50,000 shares of its IPO and I have two different acounts with them. I dont have $500,000 to buy the stock and with the history of IPO's I am sure there is somebody out there who would love to get in on it.

I have nothing to do with the company other than having deposits with them.
 
A

aca_trader

Active Member
#4
#4
shittygsxr said:
Well here is the scoop. A bank that I had deposits in is going public and is giving all of its depositors the ability to buy 50,000 shares of its IPO and I have two different acounts with them. I dont have $500,000 to buy the stock and with the history of IPO's I am sure there is somebody out there who would love to get in on it.

I have nothing to do with the company other than having deposits with them.
Click to expand...
Please name the bank and get proof of its coming up IPO. Then I can help u in funding.

Best Regards,
--Ashish
 
S

shittygsxr

New Member
#7
#7
THe Bank is Third Federal Savings and Loans. I am looking into the legality of what I am looking to do. It seems that there are pages and pages and it is becoming hard to make sense of
 
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