How can I tell whether these stock-based dealing websites (selling pre-IPO shares of Facebook, Twitter, etc.) are legitimate?
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The websites which are selling block of Facebook,Twitter and other companies are given below with the explanation which I think is fake and is not legitimate.However I have contacted both of the firms to buy block of Facebook shares which are on boom and as these shares are entering quiet period after 18 days from http://now.So they have sent Letter of Intent and now I feel that I should not buy the shares of http://IPOtrust.com,however I have serious doubts on http://privatestocktransfer.com *Please do the needful,put up all those things which are important here.*And good luck to all those who want to invest in. http://IPOTrust.com- The founder of this venture started this venture http://IPOtrust.com in 2009,when i searched IPOtrust on google I found the links of facebook,twitter.The updates on the facebook,twitter from IPOtrust are no more older than 4 months.Moreover the layout and design is good but I felt fake.The updates from IPtrust on facebook,twitterline seems fake also. http://privatestocktransfer.com-Same issue here as explained with IPOtrust
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Answer:
Please consider using http://Sharespost.com or http://Secondmarket.com, both are registered broker dealers (BDs) who have transacted dozens of share transactions for FB buyers and sellers.
Nicholas Chavez at Quora Visit the source
Other answers
Second market and shares post are definitely the most credible there was an article of them in Bloomberg. However, second market I know for sure requires that you be an accredited investor.
Angel Manuel Roche
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