ESI Blog - Trading the Trends!
TRIT - Tri-Tech Holding, Inc. IPO Opens
10 September 2009Thursday (09/10/09) TRIT - Tri-Tech Holding, Inc. priced 1.7 million shares at $6.75 (high side of $5-7 initial range) and opened at $7.80. It’s shares closed the day at $8.75, up $2.00. Lead underwriter was Anderson & Strudwick. Tri-Tech develops and implements integrated software and hardware solutions to assist Chinese government entities monitor and manage natural and municipal water supplies.
UTHR – United Therapeutics Corporation Announces Stock Split
2 September 2009Yesterday (09/01/09) UTHR – United Therapeutics Corporation announced a 2 for 1 stock split payable September 22, 2009. It’s shares closed today at $92.34, up +$1.15 (+1.26%). This stock is optionable and has an averaqge daily trading volume of about 580,000 shares.
UTHR will next report earnings on or about 10/30/09 Continua a leggere »
IPO’s Week Of 8/10/09
12 August 2009IPO’s so far this week include:
Wednesday 8/12/09, STWD - Starwood Property Trust
25.0M Shares Offered
40.5M Revised Shares Offered
Initial Range - $20-20
Priced - $20.00
Opened - $19.50
Wednesday 8/12/09, EM - Emdeon
21.5M Shares Offered
Initial Range - $13.50-15.50
Priced - $15.50
Opened - $17.75
Tuesday 8/11/09, CPIX - Cumberland Pharma
5.0M Shares Offered
Initial Range - $19-21
Priced - $17.00
Opened - $17.00
Sutherland Asset Management is also expected to IPO this week.
SLD - Sutherland Asset Management
16.7M Shares Offered
Initial Range - $15-15
Priced - $
Opened - $
ABVT - AboveNet, Inc. Announces Stock Split
4 August 2009Today (08/04/09) ABVT - AboveNet, Inc. announced a 2:1 stock split payable September 3, 2009. This is the first stock split announcement since ACAP on June 23, 2009.
Interesting Stocks for Tomorrow (07/17/09)
16 July 2009BMI - Badger Meter, Inc. - 7/17/2009 - $40.38
EMMS - Emmis Communications Corporation - 7/17/2009 - $0.26
tpx - Tempur-pedic International Inc - 7/17/2009 - $13.04
CCK - Crown Cork & Seal Company, Inc. - 7/17/2009 - $24.76
mtg - MGIC Investment Corporation - 7/17/2009 - $4.70
IPO’s Expected for Week of July 06, 2009
7 July 2009So far IPO’s expected this week only include TBK - Territorial Bancorp with 10.64M shares with an initial range of $10-10. Lead underwriter is Keefe Bruyette. Territorial Bancorp is a Federally Chartered savings bank headquartered in Honolulu, Hawaii.
LOGM - LogMeIn, Inc. IPO Opens for Trading
1 July 2009Today (7/1/09) LOGM - LogMeIn, Inc. priced 6.67M shares at $16 from its initial range of $14-16. Shares then opened at $20. Lead underwriters were JP Morgan and Barclays Capital. LogMeIn provides on-demand, remote-connectivity solutions to small and medium-sized businesses, or SMBs, IT service providers and consumers.
IPO’s Expected for Week of June 29, 2009
29 June 2009Well, it looks if we have one IPO that may open. It is LOGM - LogMeIn, which is looking to price 6.7M shares with an initial range of $14-16. Lead underwriters are JP Morgan and Barclays Capital.
IVR - Invesco Mortgage Capital Inc. IPO Opens for Trading
26 June 2009Today (6/26/09) priced 8.5M shares, revised down from 20.0M, at $20. Its shares opened at $19.80 and closed at $19.42. Lead underwriters were Credit Suisse and Morgan Stanley. Invesco Mortgage is an REIT focused on investing in, financing and managing residential and commercial mortgage-backed securities and mortgage loans.
MDSO - Medidata Solutions, Inc. IPO Opens for Trading
25 June 2009Today (6/25/09) MDSO - Medidata Solutions, Inc. IPO opened for trading. There were 6.3M shares offered at an initial range of $11-13 and then got priced at $14. It’s shares then opened at $17.50 and finished the day at $17.oo. Lead underwriters were Citigroup and Credit Suisse. Medidata Solutions is a global provider of hosted clinical development solutions.
