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Yes, but I couldn’t participate. I’ve got 80 trades in the past year and more than enough household assets. I’m going to chat and see what the issue is. I keep getting pinged by one of their wealth guys so I’ll go down that road if I don’t get through on chat.
Where did you have to click through to try and participate? I see the message but no link to do it or anything. 

 
Where did you have to click through to try and participate? I see the message but no link to do it or anything. 
I did a search for IPOs and somehow got there. There was a participate link and then it told me to #### off and now I’m pissed. Seeking Alpha said to stay away from this IPO. I just want to buy at the actual IPO price not where it opens and then dump and run for cover.

My only other Chinese company investment (LK) didn’t go so well. I’d like to milk China for at least what I lost there, which wasn’t too much. Luckily, pun intended, I only got 100 shares at $24.

 
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I did a search for IPOs and somehow got there. There was a participate link and then it told me to #### off and now I’m pissed. Seeking Alpha said to stay away from this IPO. I just want to buy at the actual IPO price not where it opens and then dump and run for cover.

My only other Chinese company investment (LK) didn’t go so well. I’d like to milk China for at least what I lost there, which wasn’t too much. Luckily, pun intended, I only got 100 shares at $24.
I read something about different ipos requiring $25k, $100k, and $500k at fidelity. May have read that wrong

 
I did a search for IPOs and somehow got there. There was a participate link and then it told me to #### off and now I’m pissed. Seeking Alpha said to stay away from this IPO. I just want to buy at the actual IPO price not where it opens and then dump and run for cover.

My only other Chinese company investment (LK) didn’t go so well. I’d like to milk China for at least what I lost there, which wasn’t too much. Luckily, pun intended, I only got 100 shares at $24.
Some brokers might eliminate your ability to buy into IPOs at IPO prices if you sell within 30 days, fyi. I imagine Fidelity probably does but I’m not sure.

 
I read something about different ipos requiring $25k, $100k, and $500k at fidelity. May have read that wrong
Yeah, the big ones are $500k. That said there have been a bunch recently. Rackspace, Rocket and CureVac. That last one would have been nice. Kind of pissed I missed all of those. No idea. A few meh ones right around the IPO but 4 of the 8 with significant gains up to 300% and that’s only in the last 5 weeks. 

 
Still waiting on chat for the guy to figure out why I can’t participate. I wish I did this weeks ago. This XPeng doesn’t look like the best one.

 
I read something about different ipos requiring $25k, $100k, and $500k at fidelity. May have read that wrong
$100,000
to participate in IPOs sponsored by Kohlberg Kravis Roberts & Co. (KKR), as well as follow-on and secondary offerings

$500,000
to participate in IPOs sponsored by Credit Suisse and other underwriters

 
Damn, I need to check these out but son of a ##### last year there were a bunch of stocks that I own now like DDOG, ZM and FSLY (my cost basis is close here) along with some others on my watch list that I probably would have bought.

 
$100,000
to participate in IPOs sponsored by Kohlberg Kravis Roberts & Co. (KKR), as well as follow-on and secondary offerings

$500,000
to participate in IPOs sponsored by Credit Suisse and other underwriters
The Credit Suisse ones are the good ones. 

 
So you have 500k and 36+ trades and it's still rejecting you?  Did the chat guy ever figure it out?
Yep, more than both. Still on chat with a new guy. One of my accounts is a joint one with my wife, so maybe she somehow has to sign off on something. i am asking him about how i can combine them all for one login, PIA cause her company uses fidelity two. i use two of their apps to check stuff.

 
Got it, up to 500 shares. No idea when I find out if I got any, but I will check what @McBokonon said about selling to early. Found it:

As with any investment, you are free to sell the securities obtained during an IPO whenever you determine it is appropriate for you. However, if you sell within the first 15 calendar days from the start of trading in the secondary market, it will affect your ability to participate in new issue equity public offerings through Fidelity for a defined period of time.

You will be prevented from participating in the IPO process if you are considered a flipper. The defined period of time which you will be prevented from participating depends on how many times you have flipped shares in the past:

First time: 180 days

Second time: 365 days

Third time: permanent ban from participating in IPO process

 
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15 days isn’t that bad. TD is 30, not sure about Schwab.
Yeah, I can handle that. Just like a million things in life, I wish I found out about this before. Pretty cool new door opening. I'll post in here if I get some shares. If it ends up being like 5 shares or something silly, I'll keep trying. I did figure out the problem. My main taxable account is a "cash" account not a "brokerage" account. Kind of silly because I have a small account with like $11 in it that I never use that is a brokerage one so I transferred over shares. You can pay bills, buy stocks and have a debit card in both types of accounts and you can transfer freely between them. I have no clue why there is a designation, but even though I can buy any stock in that cash account, it can't participate in IPOs or doesn't count. Oh well, I'll just transfer everything over there.

 
Got it, up to 500 shares. No idea when I find out if I got any, but I will check what @McBokonon said about selling to early. Found it:

As with any investment, you are free to sell the securities obtained during an IPO whenever you determine it is appropriate for you. However, if you sell within the first 15 calendar days from the start of trading in the secondary market, it will affect your ability to participate in new issue equity public offerings through Fidelity for a defined period of time.

You will be prevented from participating in the IPO process if you are considered a flipper. The defined period of time which you will be prevented from participating depends on how many times you have flipped shares in the past:

First time: 180 days

Second time: 365 days

Third time: permanent ban from participating in IPO process
So who is getting to buy the shares that are tradeable?  Sounds like a rule to give the investment firms an edge

 
15 days doesn't matter if it's a company you like and want to hold long-term but it does kind of suck if you're just looking to trade a hot new IPO runner.  Most of the recent IPO runners have topped out around day 2 or 3 and pulled back substantially (33%+) from there.  LMND and BIGC both hit almost $100 and by day 15 were down in the $60's and CVAC was up in the mid $80's and is now well off from there.

 
15 days doesn't matter if it's a company you like and want to hold long-term but it does kind of suck if you're just looking to trade a hot new IPO runner.  Most of the recent IPO runners have topped out around day 2 or 3 and pulled back substantially (33%+) from there.  LMND and BIGC both hit almost $100 and by day 15 were down in the $60's and CVAC was up in the mid $80's and is now well off from there.
Yeah, problem is you never know when there’s a great one coming down the road. I’ll hopefully find out if it even matters based on how many shares I actually get.

 
Since the March lows I had a bunch of money earmarked for trading during this crazy market.  I'm looking to move some of those profits into more long term holdings.  Do people think it's better to move that money more weighted into value stuff that's currently beaten down like STWD/EXC/DFS/JPM/XOM or tech staples that could keep running like AMZN/AAPL/SE/AMD?

My obvious thought was to buy the beaten down stuff while it's cheap but at this point I'm not convinced these freaking tech names won't run up even more by the time the value stuff gets back near its highs.

ETA: Already own all of these stocks just looking to add more.  

 
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Since the March lows I had a bunch of money earmarked for trading during this crazy market.  I'm looking to move some of those profits into more long term holdings.  Do people think it's better to move that money more weighted into value stuff that's currently beaten down like STWD/EXC/DFS/JPM/XOM or tech staples that could keep running like AMZN/AAPL/SE/AMD?

My obvious thought was to buy the beaten down stuff while it's cheap but at this point I'm not convinced these freaking tech names won't run up even more by the time the value stuff gets back near its highs.

ETA: Already own all of these stocks just looking to add more.  
I'm assuming things are going to get bad.  As far as jobs, housing, etc after the election.

I'm in AMZN already. to my max.

Slowly following buffett into GOLD

Keeping my hopeful homerun of HRVSF

Just purchased JPM today, and im down.  We shall see IF I add.

RKT I'm up 27% and thinking of adding on a dip.  Even if housing crashes, the new owners will need loans is my thought.

Selling my TSLA at probably the wrong time

Holding CSCO for now

Shorted SIRI.

By the election I'm assuming Ill have... AMZN, GOLD, HRVSF, JPM, RKT.

 
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TSLA stock owners...

When are you planning on selling if at all?

MY purchase price is $1640.  It's hard to imagine this stock being valued more than walmart.  But there are a few events coming.

My thought is to hold Through the ups and downs of all 3.  But a bit nervous as I can see the stock tanking if they get included into the S&P so those market makers can get in cheaper.   I'm a novice.  Thoughts?

 
TSLA stock owners...

When are you planning on selling if at all?

MY purchase price is $1640.  It's hard to imagine this stock being valued more than walmart.  But there are a few events coming.

My thought is to hold Through the ups and downs of all 3.  But a bit nervous as I can see the stock tanking if they get included into the S&P so those market makers can get in cheaper.   I'm a novice.  Thoughts?
Currently #9 in Market Cap.  P/E over 1000.  Could be #6 behind FB in value by the time this all goes down.  

This feels like the biggest bubble in history.  

 
TSLA stock owners...

When are you planning on selling if at all?

MY purchase price is $1640.  It's hard to imagine this stock being valued more than walmart.  But there are a few events coming.

My thought is to hold Through the ups and downs of all 3.  But a bit nervous as I can see the stock tanking if they get included into the S&P so those market makers can get in cheaper.   I'm a novice.  Thoughts?
I told myself I was going to sell at $2000 but I ended up only selling 30% as I am intrigued by what might happen after it splits.  I am worried about the bubble as @Nugget said but this thing has been a bubble for years now.

Ultimately I think I'm going to sell just before the split and hope to pick some back up after a potential fade post-split.

Purely trading it though, not interested in holding very much long-term (maybe a small amount since I could be in for a little bit for free at this point).

 
For those interested in the IPO fun: https://www.iposcoop.com/last-100-ipos/

You can sort by % returns since IPO.  All of the top 4 and 6 of the top 7 in returns are in healthcare.

5 new healthcare IPOs in the last week and all of them are currently sitting at 20%+ returns.  It's worth noting those returns are based on the IPO price though and not the price by the time it actually hit the secondary market.

 
Since the March lows I had a bunch of money earmarked for trading during this crazy market.  I'm looking to move some of those profits into more long term holdings.  Do people think it's better to move that money more weighted into value stuff that's currently beaten down like STWD/EXC/DFS/JPM/XOM or tech staples that could keep running like AMZN/AAPL/SE/AMD?

My obvious thought was to buy the beaten down stuff while it's cheap but at this point I'm not convinced these freaking tech names won't run up even more by the time the value stuff gets back near its highs.

ETA: Already own all of these stocks just looking to add more.  
Covid is going to get crazy bad this winter.  The market will likely have another huge crash in the next 6 months.  I'm not looking at any long term holdings until next spring at the earliest.  If I did have long term holdings, I would make sure they are stocks that benefit from a massive Covid outbreak.

 
Anyone looking at Oil? I've been watching XOM and OXY for a bit.   OXY seems to be just bleeding, Buffett got rid of all his common but still has his preferred.   XOM doesn't look to have cut its dividend, OXY has.      

 
Covid is going to get crazy bad this winter.  The market will likely have another huge crash in the next 6 months.  I'm not looking at any long term holdings until next spring at the earliest.  If I did have long term holdings, I would make sure they are stocks that benefit from a massive Covid outbreak.
Oooooo-k  :rolleyes:

 
For those interested in the IPO fun: https://www.iposcoop.com/last-100-ipos/

You can sort by % returns since IPO.  All of the top 4 and 6 of the top 7 in returns are in healthcare.

5 new healthcare IPOs in the last week and all of them are currently sitting at 20%+ returns.  It's worth noting those returns are based on the IPO price though and not the price by the time it actually hit the secondary market.
That’s last sentence is key and why I really want to see how this works. I found that site last night as well. That’s where I found all those IPOs that I ended up buying post IPO.

 
Anyone looking at Oil? I've been watching XOM and OXY for a bit.   OXY seems to be just bleeding, Buffett got rid of all his common but still has his preferred.   XOM doesn't look to have cut its dividend, OXY has.      
With hurricane season hitting, shouldn’t oil start to rise due to supply issues but also the additional demand?

 
Stocks looking to pop this morning. Tesla and Apple still on a rocket ride. I don’t own Apple outside of knowing how much it already is part of our 401ks. Definitely seems over extended but it and Tesla are just favored so much that it doesn’t matter. Tesla, my lord. Their last two quarters were ok, but they aren’t even profitable except for selling tax credits. Still wish I had bought it in March when it was I think $350. Crazy to think that they are up 6x and their revenue and profit are less in the last 6 months than the 6 months prior.

 
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FLGT down today.  I've just about re-established my position.

Added some HEN on the dip at $3.08.  Only dabbling here as I can't stomach another CYDY.

 
Wild ride. Still up almost 1% but it seems like the indexes are only green because of the FAANG. I’ve got some red and some green but I’m only up overall because of AMZN and a little of the other thread stock.

 
I wonder if today's stock price rise is from more new WeBull traders.  Not all WeBull traders who want to own CYDY knew that the stock was available on Friday.  More WeBull money could come in for weeks just from them newly finding out that they have the ability to invest in CYDY.
Pretty sure it's because I finally ripped the band aid off on most of the holdings. :shrug:

 
Buy Li Auto Stock, 2 Analysts Say. The Electric-Vehicle Maker Is 'Differentiating Itself' -- Barrons.com

BY Dow Jones & Company, Inc.
— 9:19 AM ET 08/24/2020

Chinese electric-vehicle startup Li Auto ( LI) got its first Buy ratings -- two of them -- from Goldman Sachs and Bernstein.

Li sold shares in an initial public offering priced at $11.50 on July 29. Shares have settled in about 30% higher, valuing the company's stock at about $12.5 billion.

That isn't high enough, according to both brokers issuing initial recommendations. Goldman analyst Fei Fang set his price target at $20.60 a share. Bernstein's Robin Zhu values Li stock at $21 a share.

Fang's price target is a hair-lower, but he put Li stock on Goldman's "conviction buy" list, reserved for the firms' best ideas. "Li Auto ( LI) 

) is differentiating itself from the broader Chinese auto-making industry by envisioning and creating compelling EV consumer experiences -- and showing a willingness to take on the risk of unconventional technologies and act innovatively," Fang wrote in his report.

Li's SUV includes a gasoline-powered generator that recharges batteries on the fly, serving as a range extender for the vehicle. An onboard generator is an advantage for Li because China's EV charging infrastructure isn't well developed.

Fang expects the company to introduce more extended-range electric vehicles -- including sedans -- over the next few years. In his financial model, he has Li sales rising from 30,000 vehicles in 2020 to 445,000 vehicles in 2025.

Right now, Li is a little smaller in delivery volume than NIO (NIO), another Chinese EV maker. NIO stock, for comparison, is worth almost $17 billion. The company also has a little more debt than Li.

Fang also covers NIO stock. He rates it Sell with a $7.70 price target, implying NIO should be worth about 60% of what Li is worth. The difference in valuation is one way to illustrate how high Fang is on Li's business strategy.

Zhu covers NIO stock, too, and rates shares the equivalent of Hold. His price target is $12 a share.

Looking ahead, investors should expect more Li research reports in coming weeks. The company has only two analysts from large brokerages covering the company, compared with NIO's 14. Analysts are often prohibited from publishing research immediately following an IPO. Goldman bankers, for their part, helped Li raised money in its stock offering.

Li shares were up 4.9% in premarket trading Monday. Dow Jones Industrial Average futures and S&P 500 futures were up 1% and 0.8%, respectively.

Li has a short trading history, but EV stocks in general are on fire this year. The stocks Barron's tracks are up roughly 250% year to date. Stock in Tesla (TSLA), the world's most valuable car company, is up about 390% year to date. NIO shares have gained about 250%.

Write to Al Root at allen.root@dowjones.com
Does anyone own an LI?  I bought a little this morning...

 
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