Before 3:30 p.m., Friday, May 18, impossible for an individual to claim the purchase of one of the 421 million shares "FB" on sale at 38 dollars on the Nasdaq market. No special treatment is planned for the 900 million social network users. But even at the fateful hour, it is primarily institutional investors and the wealthiest investors, who will be favored. Insurance companies, pension funds and other mutual funds are tailleront and the lion's share.
"The actions Facebook will be a very good investment"
The "small investors" can then access a lot of shares reserved. Only the definition of "small" is relative: Brokers face a huge demand and announce that they will favor their best customers. Fidelity in the U.S. broker, the actions Facebook will first be reserved for customers with at least $ 500,000 in their account or those who perform at least 36 transactions per year. "It's certainly not a system where a first come first served," said one employee. Same story at brokers TD Ameritrade, which require at least $ 250,000 in his account or 30 transactions in the last three months.
Let's face it: [small shareholders] are unlikely to have Facebook shares at the time of IPO, "notes the analyst Rocco Pendola The Street. But," there is still plenty of time to take the train on. This is a long-term, very durable, and with good growth prospects.
In the days following the listing of social network, any individual may purchase shares through their bank or by placing an order to purchase shares by telephone or Internet, either via a website dedicated to the Exchange. Anyway, "the actions Facebook will be a very good investment," said Philippe Torres, head of technology watch The Workshop. "The high-tech companies like Google and Apple keep the distance with the stock market turnover exponential." apple,Business,Facebook,google,IPO,shareholders,stocks
0 comments