RE:  $STRK IPO and Fidelity Tech Issues

I've been on the phone with Fidelity IPO expert to assist my aunt and uncle's retirement accounts via this new product.  Here's what I learned.

There is a limit of 1,000 shares you can request via the IPO for each account.

The actual allotment will depend on the number awarded to Fidelity and the schedule in the prospectus will dictate the allocations.  It's not first come, first serve.  

The amount you actually get, if any, will be decided at the end of trade day tomorrow.

Each request will have to be made soon (like today) and confirmed tomorrow morning, 1/29, electronically on Fidelity or else you lose your IPO share request.   You will receive an alert that you must respond to and confirm tomorrow morning or else your request gets dismissed.

Shares might begin trading as soon as Friday on the secondary market, but possibly not until Monday.

Fidelity is having technological issues and giving false "you are not eligible due to not having $500,000, etc." even if your account is greater than $500,000.  Furthermore, the actual limit for this IPO is $25,000, not $500,000 so most should qualify.    

If you are getting these messages, call the trading desk and they can override it for you. 

Not financial advice, however, for my family and friends in retirement who are heavily invested in $MSTR, after countless hours of study and research, this appears to be a great opportunity to protect some of the downside and volatility of MSTR and BTC while locking in their required retirement income via dividends.  

Huge win for the baby boomers and for all $MSTR shareholders.  This product will be massively successful.
#STRK