欲加强难度还请移步《地道美语听力播客（快速版）》 Zoe:What are you looking at?
Midas:It's the prospectus for Boogle's IPO.
I wish I could get in on the initial public offering, but since I can't, I'll buy stock as soon as the company becomes publicly traded.
Zoe:I'm not really familiar with how the stock market works.
You mean you're going to buy shares in Boogle?
An IPO is a way for a privately owned company to become a publicly owned one.
The owners of the company do it to raise capital, or sometimes it's for early investors to cash in.
Zoe:Why can't you buy stock in the initial public offering?
Midas:A company like Boogle works with an underwriter, like a major investment bank, to help set the share price and to find buyers for the initial offering.
Zoe:Okay, I'm following you so far.
Midas:Well, that first sale of stock is usually done in bulk, and I don't have a few million dollars lying around to buy that much stock.
Luckily for me, those first buyers then turn around and sell that stock in smaller amounts.
Zoe:And that's when you'll buy.
Midas:That's right. You should get in on it, too.
Zoe:You mean buy some Boogle stock?
Midas:Sure, why not?
Zoe:And risk losing my shirt? No, thanks!