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- You don't get in without knowing a Broker at Morgan and Stan or the other Banker house Suisse something. IPO's are given to their favorite customers- allocated, they are told ( illegally) they can't sell on opening day - if they do when the stocks run up and the customer orders a sell he is cut off from future IPO's. This is an old game- IPO's are given to customers who do business with these firms who charge HIGH commissions$- this is the candy for doing business with them. The government has known about this from day one and does didley squat. Elliot Spitzer by himself has done more to police the industry then all the SEC commissioners put together in the history of the market. Take it from a former IPO Broker, Watch out girl!
- Posted by: RussBuck Posted on: 04/30/04 You are currently: a Guest | Members login | Terms of Use
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