You're watching...
Do You Fit the Profile for the Facebook IPO?
Details
-
Description
FBN's Shibani Joshi breaks down the financial profile you need to have to purchase shares of Facebook.
- Duration 1:21
- Date May 9, 2012
You're watching...
FBN's Shibani Joshi breaks down the financial profile you need to have to purchase shares of Facebook.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
It's your money everybody chart we can actually hear her now testing went -- -- -- had to stay involved with -- allies about the FaceBook IPO I know whether.
-- -- I don't know trigger -- the genius that I just made out to you that's totally -- to drive down let me see if I can try my -- -- do so.
And that again we were talking about the small Fries and their ability to get a hold of FaceBook shares but the question is are they really that small considering a requirement c.'s online brokers.
Are going to require of you to get your hands on pre IPO shares here's a look at the profile that you'll need to have.
From places like -- -- deli -- TD Ameritrade -- need you to have a 100000 dollars sitting around.
And trade 36 times each year Fidelity requires you.
To have half a million -- same number of trades TD Ameritrade 250000.
And you should have had -- thirty trades in the past three months.
There's a host of other financial -- criteria is out there TD Ameritrade acknowledging that this isn't going to be the best way to get your hands on the shares on their website they say.
The average investors have traditionally had a -- time obtaining parts of IPO -- allocations.
They usually can't get in and to -- begins trading.
So unfortunately unless he had a lot of money sitting around and have to wait until after -- -- -- on Shibani thank you.