Re: Empire IPO
If you're confident having a discount brokerage who will charge you for broker-assisted trades (thus, negating the "discount" feature), have at it. I used to use E*Trade myself, and have nothing against them. However, you may find that with a potentialy volatile issue such as this, you're better off finding a lower-cost live broker to babysit the issue for you and make sure it's handled properly. Since you've got 45 days, do some poking around. You may find a friend who's a broker who can hook you up.
Then again, most people aren't looking to purchase an IPO 45 days after release, because the initial swell may well have settled. It's just a risk to be aware of.
Let me know if I can help in any way. I've offered to help anyone looking to purchase over $10k in this issue through my firm.
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