When can people sell there ipo shares?

[advokat]

I believe that most brokers expect you will hold your position for at least 30 days.

Technically you can sell at any time, but I think that if you have the IPO and get
rid of your position early, you will get a slap on the wrist from your
broker, and they might ban you from future IPOs..

Anybody would agree ?

[ztik]

http://www.sec.gov/answers/lockup.htm

pretty dumb to sell if you are talking about v

[advokat]

yes i'm taking about visa

Some banks might sell off to make some profit to write off any losses for the quarter and we will be retail investors like yourselves left with no chair.

[advokat]

bump !!