Thread: Facebook IPO
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Old 05-10-2012, 12:56 PM   #19
Wraisil
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Join Date: Apr 2004
Location: Acworth, GA
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Quote:
Originally Posted by Nervous View Post
There is no limit for E-Trade customers, this offer targets retail customers.
http://business.time.com/2012/05/08/...ail-investors/
"The company also clarified that customers will need to a complete a user profile that aims to gauge whether those who are interested are suitable investors for IPOs by asking questions about annual income, investable assets, and investment goals. However, there are no publicly defined requirements."

They won't be selling shares to the guy with a $5k trading account unless they can't find any "real" accounts that want the shares.
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