Reading Time: < 1 minute After I read its prospectus, I decide not to pursue its open IPO. Another reason is I just bought some HMIN and MR: I want to limit the number of stocks I hold. IB is a great business. I heard its name first from a friend who recommend it for its low cost and high speed in
Reading Time: < 1 minute (Updated April 16) I placed my bid through WR Hambrecht today. I mentioned this a while ago. Today I received email from WR Hambrecht. The bid starts on April 16. Last Nov I opened the acct at WR Hambrecht in order to get the IBKR open IPO. But I was not disiplined enough, end up picking up other
Reading Time: < 1 minute Normally as individual investors we don’t have access to the IPOs, as they are usually handled by the big investment bankers (Goldman Sachs, Merril Lynch,…), and the IPO stocks usually are sold to the institutions (a.k.a, rich people) and they can make the easy money. This has changed by the Google IPO in August 2004, at the time the founders
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