+- Twitist Forums (http://twitist.com)
+-- Forum: Facebook forums (/forum-14.html)
+--- Forum: Facebook Marketing (/forum-12.html)
+--- Thread: How to buy facebook ipo? (/thread-97215.html)
How to buy facebook ipo? - Captin Morgan - 02-19-2014 12:25 PM
Dont talk me out of it or whatever but I want to know where to start I am a 16 year old and I want to buy a stock in facebook ipo ....how
- JoeyV - 02-19-2014 12:32 PM
You can't buy in at the ipo because the ipo will surely be oversubscribed. But on the first day of trading, you just need your parents to have opened and funded a brokerage account and then put in a market buy order and you will be done.
- A Nobody - 02-19-2014 12:37 PM
A sixteen year old CAN NOT buy stock in anything. You need a parent to open a custodian account for you using your social security number. Once the account is open the parent can place the order
IPO's that are considered "hot" are not available to the general public, the are totally sold out either my the underwriter or the selling group syndicate. Unless you are a "valued" customer of a syndicate member you can not participate in the IPO
Once Facebook stock starts trading in the market, you will be able to buy the stock at whatever the current price may be using the custodian account your parent established for you
.