My brokerage (Fidelity) does this for free. But the problem is not knowing about the IPO, it's getting an allocation. As a retail investor, it would seem my position size is not big enough to get any shares. I know this varies by brokerage, so this may or may not be typical of others.
If you could pool together retail investors to increase the possibility of getting shares allocated, that would be something special...
If you could pool together retail investors to increase the possibility of getting shares allocated, that would be something special...