The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: StashDaddy on November 10, 2014, 12:09:16 PM
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any thoughts on jumping in on this REIT IPO (STORE) on loyal3?
https://www.loyal3.com/ipos
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I thought about tossing $100 into it, but it looks like you can no longer use a credit card (unless that's a restriction of my mobile browser) so i figured I'd pass.
Sent from my iPhone using Tapatalk
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I thought about tossing $100 into it, but it looks like you can no longer use a credit card (unless that's a restriction of my mobile browser) so i figured I'd pass.
Sent from my iPhone using Tapatalk
Yeah, this made me super sad, was going to throw a $1000 into it from my CC.
Went $500.
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too bad i was banned a month ago.
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too bad i was banned a month ago.
Banned from loyal3? How'd you pull that off?
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If I recall, a number of people were banned due to buying large amounts of stocks through their credit cards, then selling the next day and transferring the money to their bank accounts.
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ah, so we found the culprit
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WOW!
A HUGE drop in allocation this time around. For GLOB and PLAY I received something like 74% and 77% respectively, for STOR I received only 30%.
Think the interest in IPOs on Loyal3 is really picking up.
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Yeah, I only received 21%.
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Wish I'd had more funds available to "say" I wanted $1000 worth knowing I'd top out at $500-750 at most (but would have only seen $300)
Ah well. Just a fee free IPO/REIT play since I'm already in O.
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Hmmm...interesting idea. I had said that I wanted $1,000 worth. But next time, maybe I'll say I want $5k to get more shares. Just better have enough cash in checking to be able to cover it! :)
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Basically. Plus at the end of the day you can just sell day-of if you had to.
Since you actually use the site as intended I wouldn't see any ban-potential there.
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too bad i was banned a month ago.
Banned from loyal3? How'd you pull that off?
they refer to it as "gaming" the platform. i simply use their platform like a day trader with my reward credit cards and they did not like that idea so they shut me down.