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Possible Duplicate:
How can I purchase Skype stock during the IPO?

I've heard that only big institutional investors will be able to purchase Facebook shares at the Facebook IPO price. A small player like me (I've got an account with Charles Schwab) will have to purchase shares later in the day, after the stock "pops," reducing the chance that I'll benefit from the initial surge in the stock price. Is this true?

Is there any way for a regular guy like me to get in on the Facebook IPO?

samthebrand
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I have an account with ETrade. Earlier this week I got an offer to participate in the IPO proper (at the IPO price). If Charles Schwab doesn't give you the opportunity, that's a shortcoming of them as a brokerage firm; there are definitely ways for retail investors to invest in it, wise investment or no.

(Okay, technically it wasn't an offer to participate, it was a notice that participation was possibly available, various securities-law disclaimers etc withstanding. "This Web site is neither an offer to sell nor a solicitation to buy these securities. The offer is by prospectus only. This Web site contains a preliminary prospectus for each offering." etc etc).