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Yes, that’s right regarding the minimum that we have heard as well. Not positive about IBKR. I know some larger banks allow you to buy them as a retail, but not sure how they are able to get around 144A
Might still be some ways to buy it. Some folks are saying there’s a 200K minimum via some brokers. Unclear to me how they get past the 144 a reg issue, but I’m not super knowledgeable on it.
Thx for the writeup. I found them in IBKR, but will they let me buy? I'm a retail investor.
Also the minimum purchase is $200k of face value?
Thanks.
Yes, that’s right regarding the minimum that we have heard as well. Not positive about IBKR. I know some larger banks allow you to buy them as a retail, but not sure how they are able to get around 144A
I contacted IBKR customer service & they said I should be able to buy them. I even placed a limit order at 80 cents and the order was accepted.
Seems the price has ran away a bit to 84-85 cents now, though.
Yep it’s up a decent amount now
Could you share which larger banks are allowing retail to buy? Just curious, thanks...
whats the cusip?
Aren't these are Rule 144A and not for retail?
Yes believe it is 144A.
Bummer being 144A. I was ready to tax loss harvest my equity position and get into this… still, great breakdown.
Might still be some ways to buy it. Some folks are saying there’s a 200K minimum via some brokers. Unclear to me how they get past the 144 a reg issue, but I’m not super knowledgeable on it.
I’ll call around to see if there are any workarounds. Thanks for the additional heads up.