How To Buy IPO Stock At The IPO Price
So you hear a company you like is going public and you want to buy it. But every time it finally becomes available for purchase the price has somehow skyrocketed from what the stock chart says the opening price was. Fret not, in this article I will give you a step by step guide on how to buy at IPO price and how to find out about the next IPO offerings as well.
So How Do I Do It?
You might think that you need to be a millionaire client with special bank contacts but actually there is a way for us regular people to buy IPO Stocks. In this article I’m going to show you how to do it on E*Trade since it’s the broker that I use. But I’m sure most brokers have a similar process as well.
Step 1: Log Into E*Trade And Find The IPOs Tab
For this step I recommend using a computer since the mobile app experience for IPO’s is very difficult to use. You’ll see on the top navigation bar a tab called Trading. Hover over that and you’ll see the IPOs & New Issues option. Click that and it’ll take you to the IPOs screen.
