Theo's Poolside Discussion of Trading Delights and Disasters (BYOB)

[ktcougar]

I see Robinhood is going to allow users to buy ipo's.
https://finance.yahoo.com/news/robinhood-allow-users-buy-ipos-150512062.html

Back in the late 90's I opened numerous accounts just trying to get those internet IPO's. If you lucky you could get 50 or 100 shares of some really hot ipo. Could buy at ipo price(15-20 bucks) and sell at the open sometimes over $200-$300. The would restrict your account for 30 days but no one cared. It was a heck of a flip. I remember waking up in the middle of the night checking to see if I got any shares lol.