It is firm policy not to invest in IPO's on behalf of our clients. We prefer established firms that are making money and have a longer track record. Personally I could pick some up, but I don't think I will.
I was eyeing Groupon last week and should have picked some up in our personal account, but didn't. It was trading under $10, but after earnings were announced last night, it's now trading above $13. Would have been a nice quick 30% gain!