I bidded for 300 shares, I got allocated 100.. so the demand for shares is at LEAST double what was issued. The IPO price is $30.01
I am buying either 500 or 1k tomorrow at market prices. This somewhat made me mad that I barely got any shares. How many did everyone else here get? I am holding this puppy for a while...
I'm flipping immediately if the opening print is > 50. And i'm pissed too that i only got 100 shares. Hardly worth it now :/
If you don't have at least 100k in assets you are unlikely to get any shares at some firms like E-trade. They are the small retail players that buy when it starts trading up 30% anyway.
Buy on the market tomorrow the other 7k. What if we all bid on the shares we didn't get allocated? The price would be what?