sharetrader
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  1. #11
    Guru
    Join Date
    Sep 2009
    Posts
    2,685

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    Quote Originally Posted by SBQ View Post
    Tell me who are the ones that get these IPOs? I can assure you maybe 99% of the account holders do not benefit and or have their brokers allocating these shares to them. IPOs are only reserved for top 1% or so of their clients.

    Yet, the 99% still are stuck with the same trading fees as everyone else.

    Easy enough to cherry pick you winners... how about how many losers the NZX has seen in the past 20 or 30 years? My guess, far too many.
    "Tell me who are the ones that get these IPOs? "
    The ones that support the brokers
    Yes you're right about cherry picking
    Like Mr P I also sold NPH to pay down revolving credit in early Feb
    High trading fees are due to high trading.
    They are a lot less for investors
    PS I rarely follow brokers recommendations
    Last edited by kiora; 22-06-2020 at 04:31 AM.

  2. #12
    Banned
    Join Date
    Jun 2020
    Location
    here or there
    Posts
    133

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    Quote Originally Posted by Paradox View Post
    I could be wrong, but you can't place a stop-loss order with Sharesies; it also takes a bit longer to transfer in/out funds compared to ASB.
    Ok so that could be a pain in the anus

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