I place an order to buy $150,000 worth of stock in a Saving & Loan conversion (IPO) in my ROTH IRA. I sent it in 5 days before the deadline. All Fidelity had to do was write a check for $150,000 from my IRA acccount and send in along with my Stock Order Form. Fidelity, through their imcompetency, failed to get the form mailed in time. To be included in this offering you have to have a S&L account for many years. I had this account for over 10 years. These IPO, in general, go up 20% or more. 20% of $150,000 is $30,000. This is my loss. It may be more if the IPO goes up more than 20%.