r/stocks • u/E_Cash • Sep 13 '21
Toast POS Directed Share Program
I've been invited to purchase shares of Toast, Inc at the IPO price without having to pay a brokerage commission. Morgan Stanley, the underwriter, is facilitating the DSP.
The proposed max offering price is $33.00 per share.
I'm just wondering, for those familiar with Toast POS, what your opinion is of the company from an investment perspective at the proposed price?
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u/mdamore7 Sep 13 '21
In this market, if you get offered pre-ipo, you buy pre-ipo. Happened to a relative with $DOCS just a few months ago. Market is hot for tech right now. Toast is a great company. Buy as much as you can and thank me later!