I rang BW myself 3 days ago as an S708. Request to open a new...

I rang BW myself 3 days ago as an S708. Request to open a new account for Alderan. Spoke with a Corporate guy called BK who told me that I would be lucky to get even a small allocation in Alderan as I would be a new client if I open an account and if I do get lucky with an allocation I would be expected to hold those shares, otherwise, I would never ever be dealt with again. Very straight forward this BK fella Yes they didn't tell me directly " Don't Sell". But isn't it (what I was told ) the same thing.
No porkies mate from my source either. He only used BW 2 times and held those stocks as he was informed that they expect him to hold those otherwise that would be the end of their relationship. Also heard the same thing from a guy calR at Hunter Capital too when I rang about BMR possibility 2 weeks ago. Like you said it's not rocket science mate it's an unwritten rule that " if you get an allocation in a hot IPO and sell it on day 1 or in the first week they never deal with you again". It's common sense. It doesn't matter how they convey this message , No big deal whether the broker let you know through direct or indirect way, the result will be the same which is : you sell those shares and you are in the dog house for good. To make my point Bell Potter told their BWX clients that they can't sell on day 1. My BP broker in Sydney told me this at the time of that allocation. I wonder whether anyone else has the same experience in BWX from BP. As I was late to that IPO I ended up getting a tiny allocation from BP. Of course the brokers won't say this to their long term existing clients as they already know this unwritten rule. Trust me they do tell this either directly or indirectly to their new clients when they open the account when it relates to Hot IPO's not your average IPO. I should have made myself very clear " when I said BW told clients not to sell ". I hope you got the picture now buddy I am not a client of BW Equities or HCapital for the record. Cheers.