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Anyone get IPO allocation shares through Fidelity? Archived From: Finance

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After trying for the Visa IPO with Fidelity I am wondering if any FWF people managed to secure any IPO priced shares with Fidelity. My account is low gold/premium by dollar value and I put in for 300 shares and got none. I am not an active trader but do own a lot of Fidelity funds (so value of account should be good based on management fees of the funds).

My question is what does it take? A multiple of a 7 figure account? A zillion trades in a year? etc. If anyone had success I woudl love to hear account details.

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I asked for 500 and didn't get any either (with accounts at Gold level by trade volume).

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I'm in Bronze. Didn't get jack.

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Just wait 6 months and buy it for $20/share

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a friend got 100 shares, low 7 figures in Fidelity funds not too much stock trading.

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xerty said:a friend got 100 shares, low 7 figures in Fidelity funds not too much stock trading.

Your friend with $1,000,000+ made $200 on Visa IPO. GRATS!

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I bought some (25%) at 55, so far so good, hopefully it touches 100 soon...!!

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SimpleMoney said:xerty said:a friend got 100 shares, low 7 figures in Fidelity funds not too much stock trading.

Your friend with $1,000,000+ made $200 on Visa IPO. GRATS!

WED: 100 @ $44 = $4400, Thus: 100 shares Worth $6435

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