aka hooter.
"The Men in black get their allocation weeks before the retail plebs so they can take their stag profits and then move on to the next allocation at a discount in another comapny - Its all very well if you can get yourself onto their Soph's list but very few of us are that well heeled".
SI's do not get their allocations any earlier than the rest of the market, I wish that were the case.
When the 3B is released that is when all the shares have been allocated.
Only time it works for SI's is if they are already a holder, they can then sell existing holdings when the stock resumes and if they have a good enough relationship with their broker they will get as much as they want of the placement.
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