W3Schools

Here’s a trick for getting access to hot IPO shares in Spotify and Dropbox

When the high-profile initial public offerings (IPOs) of Spotify and Dropbox roll out in the coming weeks, we’ll all be reminded once again of a major Wall Street shortcoming.

That is, Wall Street continues to have a big one-percenter problem. There are those with gold-plated brokerage accounts who can get access to IPO shares. And then there is everyone else.

This matters because the shares of hot IPOs regularly pop several points above their IPO prices on the first day of trading, showering the gift of instant profits on the privileged few who get IPO shares in advance.

I have a fix for this.

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