Buying Spotify Stock

Now that Spotify is going to go public, how does one buy the initial stock ?

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OpenText no_scrubs Jan 4, 2018

E*Trade has an IPO participation plan. But everytime I signed up for it, they said the IPO shares weren't available. Loyal3 had an IPO participation plan for Square but Loyal3 went out of business. So unless you're an investment bank, you're out of luck in getting any IPO shares. You'll have to be like everyone else and buy the stock on IPO day.

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WQJa25 Jan 4, 2018

Fidelity also offers this but only for trading accounts that have something like $700k~$1m in them.

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huh69 Jan 4, 2018

You won’t be able to buy it until they actually go public

Microsoft Rainboat OP Jan 4, 2018

Is there a way to trigger a buy exactly on the market open time when it goes public?

OpenText no_scrubs Jan 4, 2018

Yes, set a limit order on E*Trade the night before.

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Cryptozoid Jan 4, 2018

What is the listing price?

Pandora toughlove Jan 4, 2018

You really want to buy stocks from a music company?

Microsoft Rainboat OP Jan 4, 2018

I'm pretty sure Spotify is going to get over valued, given the large user base and the prevailing public interest in investing into anything new that comes up

Pandora toughlove Jan 4, 2018

I predict a early bump followed by a slow and painful decent to hell. I wouldn’t plan to hold.

Facebook public Jan 4, 2018

Ipos are only for the rich sorry. If you have to ask you probably have to buy at marker open.

LUXLOCK TqO45s4 Jan 7, 2018

Have you seen thier massive lawsuits?

Spotify Random121 Jan 26, 2018

You can actually buy stock before the IPO. There’s always people selling shares for one reason or another. Equityzen frequently manages sales trains.