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UK stock market advice

  • 16-07-2008 8:34am
    #1
    Slimbo
    Registered Users, Registered Users 2 Posts: 125 ✭✭


    Hi All,

    I have got some information regarding a company that are going to float on the UK stock market in the coming months.

    I am being offered shares in this company at the moment by a company that are agents for the company that intend to float.

    My questions are:

    *Is this normal practice?
    *Does it matter which market they trade on, ie: is there 2 stock markets in the UK....an "A" market and a "B" market?
    *Has anyone experience of this type of deal, and what was the outcome?

    Any thoughts would be appreciated,

    Slimbo


Comments

  • #2
    Minder
    Registered Users, Registered Users 2 Posts: 2,774 ✭✭✭Minder


    I assume you have heard of boiler room scams, but if you haven't, read this as a starting point.


  • #3
    Slimbo
    Registered Users, Registered Users 2 Posts: 125 ✭✭Slimbo


    Hi Minder,

    Thanks for this, very good(and quite scary) reading.

    Thats why I love these boards, they put you straight.

    I have since been told by the "agent" that after I purchase my stocks there are some big financial institues coming in to buy stock and I would be able to sell to them before the company floats for a tidy profit and so on......

    Thanks for the eyeopener anfd heads up, im definitely steering clear.

    Slimbo:)


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