Quisitive Technology Solutions Inc V.QUIS

Just put in my order for some of the offering at $1.50

[savyinvestor333]

From Scotia

[savyinvestor333]

Wow the offer is closed already. Now to see what percent of my order they alllocate to me.

[Thebeginner2020]

You're not going to have anything for $1.50!!

[savyinvestor333]

Yes I will. It is a new issue at $1.50 and Scotia is a lead broker.

[Thebeginner2020]

Forget that! It's a business that keeps expanding and the market is going to be willing to pay a premium for having this stock!!

[savyinvestor333]

What part don't you understand. Scotia and the other brokers sell it to their clients at $1.50 but hopefully it trades at a higher price and the clients that bought make the difference. Just like an IPO.  Quisitive has also entered into an agreement pursuant to which Scotiabank, Eight Capital and Canaccord Genuity, as joint bookrunners, together with a syndicate of underwriters

[Thebeginner2020]

The shares of an IPO can be issued at a market price X and on the first day of the BOOM transaction the share trades at a premium and does not go down!!

[savyinvestor333]

I'm sorry I can't explain the process to you  so that you understand how these deals work. The brokers sell the shares for $1.50 to the lucky clients that ask for it. If it is over subscribed I will only get a portion of the shares I asked for. No matter what Scotia divides the shares to there clients at $1.50 a piece. I may not get the full allotment I asked for but I will get a

[Thebeginner2020]

Good for you if you have shares at $ 1.50!!

[TrevDesch]

Why would Scotia sell the shares to anybody at $1.50 if the current price is $1.68? They get a deal since they are backing the deal - they profit off of unloading the shares.  You think they do this for the retail investor?  For free? Financial backers of bought deals don't owe their retail investors anything.  Good luck on the $1.50 shares!!

[BayWall]

I wish I could go back in time to buy this stock. But it's onto tomorrow. It's time to get the movers and shakers on board. Grease the wheels with $1.50 stock. An excellent aquisition and business plan. Microsoft approved.

[savyinvestor333]

You Sir are another one that doesn't know how these deals work. I have 3 diffrernt brokerage accounts and if any one of these brokers are participating in a deal they put a link in the trading tab on to new issues. I even  receice an email[with 2 of them when they are annouced. If i am interested I put in an order for the amount of shares requested and depending on the interest in the

[Thebeginner2020]

I am with two different brokers and they have never offered me this kind of deal. Plus, you're the first person I've seen this happen since I've been active on social investing media.

[savyinvestor333]

If you use an online broker you should be able to go to the trading tab  and there should be a link that says IPO;s and/or New Issues.  Any new equity issue that that broker is participating in will be listed there. If is is a desirable issue sometimes if is only open for 10-15 minutes until it is completely bought out. Other issues like funds or less desirable issues take days to sell

[Thebeginner2020]

Nobody understands you because what you write, nobody has already experienced!!

[Thebeginner2020]

Do a little calculation of the organic growth that this will bring to the company and your little $ 1.50 you will see that you will have nothing at that price!!