Wednesday, November 01, 2006

NB

I was elated that, for the first time in my life, I was worthy enough for a stockbroker I know to offer me 10,000 placement shares for a certain IPO... but I didn't know that I could not also apply for the public offer of the same company, which causes both applications to be rejected.

There goes a few hundred dollars in potential profits, not to mention the $52 application fee and $60 bottle of wine I bought the said stockbroker...

I'm so cross!

1 Comments:

Blogger Ah Leng said...

Aiyoh, cannot one lah. If they give you upfront, you cannot go apply when the IPO opens for the masses.

11/02/2006 11:53:00 AM  

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