John Deysher is president and portfolio manager of the Pinnacle Value Fund, a diversified, SEC-registered mutual fund specializing in the securities of small and micro-cap firms. He is a CFA charterholder and has managed equity portfolios for over 30 years. He lives and works in New York City and may be reached at deysher@pinnaclevaluefund.com.


Discussion

Robert from WI posted over 3 years ago:

In the past IPO's seem to have been distributed to favored customers rather than open to any investor. Is that an accurate account or just my experience with ny brokers/


Steve from IL posted over 3 years ago:

I have heard that is an accurate account.
But I believe there are many variables involved.


Harold from NC posted over 2 years ago:

My understanding is that one has to already have a maximum value of assets before being allowed to participate in an IPO.


Ken from NM posted over 2 years ago:

I use TD Ameritrade. (I'm not endorsing this or any brokerage.) It appears to have a link for purchase of IPOs but I haven't used it. Other on-line brokerages may offer a similar service. I'd check with your brokerage.


Bud from Nevada posted 11 months ago:

The author, John Deysher, makes it sound much easier to purchase IPO shares from an underwriter than it actually is for an individual investor. It is probably easy for him because he runs a mutual fund, and therefore, the underwriters seek him out; but not you and me.

My broker is Scottrade and they don't deal in IPOs at all. Here is what they have to say about them: "Scottrade offers clients the capability of purchasing shares of stock in the secondary market after the initial public offering (IPO). It is important to understand that Scottrade does not participate in IPOs. You are not purchasing shares directly from the issuer at the IPO price; you are purchasing these newly issued shares once they begin trading in the secondary market."


Femi from Georgia posted 11 months ago:

As far as IPOs go I have only dabbled into 2 companied. Clearsign CLIR and last weeks Chegg CHGG.
Chegg has been in operation a little while and I have used them as a resource for some of my studies. It was very helpful, I guess thats why I invested.
Clearsign on the other hand is in the development stages of its new wonder technology. You said to avoid these types. Do you know much about these 2 companies and can you give further advise on how to research and act.
Thanks


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